Patricia M. Cloherty is former Co-Chairman, President and General
Partner of Apax Partners, Inc. (formerly Patricof & Co. Ventures,
Inc.), an international private venture capital company that she
joined in 1970 and that has $8 billion under management. She is
a past President and Chairman of the National Venture Capital
Association in the United States.
In 1991, President George H. W. Bush appointed her to chair the
Investment Advisory Council, charged with revamping the Small
Business Investment Company program of the U.S. Small Business
Administration. She also was appointed to the SBIC Reinvention
Council formed under the Clinton Administration. From 1977 to
1978, Ms. Cloherty was Deputy Administrator, U.S. Small Business
Administration, appointed by President Carter.
She has been a judge of the Entrepreneur of the Year Award for
several years, and is involved in other programs to encourage
entrepreneurship in the United States and abroad.
Ms. Cloherty holds various directorships, among them Diversa
Corporation, Lexicon Genetics, Inc., Mojave Therapeutics, Inc.
and Tessera, Inc. She is a Trustee of International House, Teachers
College of Columbia University, the EastWest Institute, The Rockefeller
University, The Kauffman Foundation and the Kauffman Center for
Entrepreneurial Leadership, and is a member of the National Commission
on Entrepreneurship and the Council on Foreign Relations. She
was appointed Chairman of The U.S. Russia Investment Fund in 1995
by President Clinton.