Ray Gustin has 20 years of senior investment management experience managing hedge fund and private equity portfolios and investments including 10 years at Drake Capital. Prior to joining Drake Capital in 2003, Mr. Gustin was Managing Director and General Partner at Cornerstone Equity Investors, where he invested in growth companies in the business and information services, technology and communications sectors. Prior to joining Cornerstone in 2000, Mr. Gustin was Managing Director and co-founder in 1991 of the US M&A practice of TD Securities, where he advised clients and invested the bank's proprietary capital in a wide range of private equity investments. Mr. Gustin joined Toronto-Dominion Bank in 1989 in the restructuring advisory practice, where he completed restructurings in the retail/consumer, media/communications and cyclicals industries. He is a member of the Board of Trustees of the Greenwich Roundtable, and has been a member of the Roundtable’s Education Committee since 2007. In this role, Mr. Gustin co-authored Best Practices in Alternative Investing: Avoiding Mistakes (2012), Best Practices in Alternative Investing: Managing Complexity (2011), Best Practices in Alternative Investments: Due Diligence (2010), and Best Practices in Alternative Investing: Portfolio Construction (2009). Other publications include “Overcoming Challenges in Investment Approach of the Endowment Model” (Pensions & Investments, 2010). He has served on the boards of other non-profit and for-profit entities, including current roles as President, Indian Harbor Yacht Club Foundation and Trustee, Indian Harbor Yacht Club Pension Plan. Mr. Gustin holds an M.B.A. from the University of Chicago and a B.S. with honors from Pennsylvania State University.