PAUL E. ROUGHAN     Managing General Partner
Mr. Roughan earned his B.S. in Chemical Engineering and MBA in Operations Research from Rensselaer Polytechnic Institute in 1978. From 1978 to 1989, he worked for General Electric in various operating management positions for the GE Plastics Division and in various Finance and IT management positions for GE Corporate. From 1990 to 1995, he worked for McKinsey & Company, a consultancy, specializing in operations improvement and post-merger integration consulting. In 1995, he joined UARCO, a $700 million business forms company, as Senior Vice President overseeing the company’s turnaround efforts. He led the break up and sale process and successfully sold the company in 1997 through three transactions. In 1998, he became CEO and President of Appliance Corp. of America, a $100 million marketer of small kitchen appliances. He led the break up and sale process and successfully sold the company in 1999 through two transactions.

Mr. Roughan joined Charter Oak in July 1999 and has served on the Board of Directors for Titan Plastics Group, Inc.; Revere Industries, LLC; Daisy Manufacturing Company, Inc.; Integrated DisAbility Resources, Inc. and Pasta Montana, LLC. He currently serves on the Board of Directors for Revere Industries, LLC; Aylward Enterprises, LLC and Daisy Manufacturing Company, Inc. He also is a board member for Ovation Polymers, Inc., a specialty resin company, not owned by Charter Oak.

MARK D. ULLMAN     Partner
Mr. Ullman completed a five-year program at Cornell University, which earned him a B.S. in Operations Research in 1982 and an M.B.A in 1983; both degrees earned With Distinction.

Mr. Ullman worked with McKinsey & Co. from 1983 to 2000, where he co-led the Corporate Finance Practice which supports clients’ M&A activities; founded the global practice that provides due diligence and post-closing strategic and operating improvement services for buyout firms; founded the Medical Devices Practice; and helped a variety of North American and European industrial and healthcare product manufacturers improve their operating performance. He left McKinsey in 2000 to join TradeOut, Inc., a B2B marketplace for excess inventory and off-lease assets. He first headed Strategy and Business Development and later served as the President and Co-CEO. In 2001, Mr. Ullman sold TradeOut to DoveBid, a larger, off-line competitor.

In 2002, Mr. Ullman established Clearview Associates as a private equity investing and consulting firm. In 2003, Mark committed part of his time to Charter Oak Capital Partners as an Operating Partner, and was particularly active on the Stealth Medical Technologies board. He has also served as an Operating Partner at First Atlantic Capital, and as Advisory Board Member of Arcadia Partners. In 2006, Mr. Ullman led the acquisition of Parish Pay and Smart, LLC, companies that provide tuition billing and collection services for private K-12 schools; both transactions closed in 2006. He currently serves on the Board of Directors of Smart, LLC and Aylward Enterprises, LLC.