JOSHUA L. GUTFREUND

General Partner

Mr. Gutfreund has been in the private equity business since 1988 and a General Partner at Clarity Partners since the formation of the firm in 2000. Prior to Clarity, Mr. Gutfreund served as a Partner at Rader Reinfrank & Co., LLC ("RRCO"), a $100 million private equity fund since 1997. Prior to RRCO, from 1993 through 1997, Mr. Gutfreund was an Associate Director at Chartwell Partners, a private investment firm controlled by A. Jerrold Perenchio focused on media and communications businesses, including Univision Communications Inc. Prior to Chartwell, Mr. Gutfreund was an Associate at the private equity firm Warburg Pincus from 1988 to 1991. At Warburg, Pincus, Mr. Gutfreund evaluated and structured numerous private equity investments in companies in media, communications, and other businesses and had responsibility for the management and monitoring of various portfolio company investments.

Board Seats
Mr. Gutfreund currently serves on the Boards of BASE Entertainment, Crescent Entertainment, Naylor LLC, and xSides Corporation.

Education
Mr. Gutfreund holds a Bachelor of Arts degree from Columbia University and an M.B.A. with distinction from New York University's Stern School of Business.