ABOUT VMF

KELLY M. WILLIAMS

Managing Director and Group Head

Kelly is a Managing Director and Group Head of the Customized Fund Investment Group. Previously, Kelly was an Executive Director with Prudential's private equity group. At Prudential, Kelly was responsible for the management of the fund investment group as well as investing in private equity funds on behalf of Prudential and its clients. Kelly was primarily responsible for product and business development, as well as legal support for the Private Equity Group from 1996 to 1999 during which time she was responsible for the development of eight global private equity funds. Kelly joined Prudential in 1993 as counsel for a Prudential unit that specialized in providing private debt and equity for global infrastructure projects. Prior to joining Prudential, Kelly was an associate with Milbank, Tweed, Hadley and McCloy, where she specialized in global project finance.

Kelly graduated magna cum laude from Union College in 1986 with a Bachelor of Arts degree in Political Science and Mathematics and received her Juris Doctor degree from New York University School of Law in 1989. Kelly has served as a mentor to fellows of the Robert Toigo Foundation since 2006. Kelly was elected to the YWCA Academy of Women Leaders in 2007. She is also a member of the Metro Chapter of the Young Presidents Organization and serves on the Board of Trustees for Union College.

VIKRAM BHASKAR

Managing Director

Vikram is a Managing Director in the Customized Fund Investment Group, where he leads the infrastructure investment team. Vikram is involved in relationship management, deal sourcing and conducting due diligence on private equity and infrastructure investments. Previously, Vikram was at Donaldson, Lufkin & Jenrette (“DLJ”) and Credit Suisse from 1997–2000. Prior to joining DLJ, Vikram was a Relationship Manager with Deutsche Bank from 1993 to 1997. Vikram began his career as an Audit professional for a KPMG affiliate in India from 1989 to 1993. Vikram received his MBA in Finance from the University of Michigan and received a Bachelor of Commerce degree with honors from the University of Delhi. Vikram is also a qualified chartered accountant from the Institute of Chartered Accountants of India.

BOB PAYNE

Vice President

Bob joined the Customized Fund Investment Group in August 2006 to manage Michigan Operations related to the Venture Michigan Fund and 21st Century Jobs Fund. Previously he was a Principal with Hamilton Lane Advisors where he was actively involved in the firm's private equity fund and co-investment efforts. Prior to that he was a Senior Managing Director with Comerica Capital Advisors where he managed a private equity portfolio consisting of over 120 funds and 25 direct investments. Bob received his MBA from the University of Chicago Graduate School of Business and his BA in Economics from Dartmouth College.

MELFORD CARTER

Principal

Located in Ohio, Mel is a Principal in the Customized Fund Investment Group. Previously, he was Senior Vice President, Membership Services, with the Columbus Chamber, providing strategic leadership and direction to operations while supporting regional economic development. Prior to that, Mel was co-founder and vice president of business development of Denali Incorporated and a senior marketing officer for EnviroTech (a Baker Hughes company. He holds a bachelor's degree in mechanical engineering and a MBA, both with honors, from The University of Texas at Austin.

SEAN O'DONNELL, CFA

Associate

Sean joined the Customized Fund Investment Group’s Michigan office in 2009 and is active in the management of the Venture Michigan Fund, the Michigan 21st Century Investment Fund and the Invest Michigan Growth Capital Fund. Previously he was Vice President and Portfolio Manager with Donnelly Penman & Partners where he had principal investment and corporate finance responsibilities. Prior to that, he was an Associate with Deloitte & Touche Corporate Finance, LLC. Sean received his MBA with distinction from the University of Michigan and BA with high honors from Michigan State University.

ANNE DUGGAN

Associate

Anne joined the Customized Fund Investment Group in April 2007. Previously, she was an analyst in the Financial Institutions Group in Morgan Stanley's investment banking division. Before Morgan Stanley, Anne summered at Fidelity Management and Research doing equity research. Anne received a BA with honors in Business Economics from Brown University.