Ray served as Chief Financial Officer for Providence Equity Partners, the global private equity firm specializing in the technology. media, communications and educational sectors. During his 23 year tenure, Providence Equity grew its assets under management from $220 million to more than $20 billion. Ray is a member of the Private Equity Chief Financial Officers Association and the Financial Executives Institute and has held officer and/or director positions in both organizations. He is also a Trustee of the Private Equity Foundation 1 Inc. Ray received his B.S. and M.B.A. degrees from the University of Rhode Island (URI). He also serves as a Member of the URI Foundation's Investment Committee and is a Investor/Member of The Cherrystone Angel Group.