Mr. Kramlich is Co-Founder of NEA and is currently Chairman of the NEA Management Company. He was Managing General Partner of the firm through NEA VII when he turned the reins over to Peter Barris and became a General Partner. Since co-founding NEA in 1978, he has been involved in nine companies that have grown from start-up or near start-up stage to companies with market value in excess of $1 billion.
Mr. Kramlich continues to work with start-ups such as Tri Alpha Energy, Xtera, SmartDrive, Tabula, Xoom and Movius. He is also a director of Silicon Valley Bank. Mr. Kramlich has received four Lifetime Achievement Awards including awards from the National Venture Capital Association (he served as Chairman and President from 1992-93), the University of California’s Haas School of Business, the Silicon Valley Deloitte Technology Fast 50 Program and the Red Herring Magazine Award. He received an Innovation Catalyst Award from the VC Taskforce for outstanding contribution, dedication and leadership in the venture community in 2010 and was honored with a Special Achievement Award at the International Business Forum (IBF) 2010 Venture Capital Investing Conference. In 2011, Mr. Kramlich was honored by the California-Asia Business Council for fostering entrepreneurship, technology and trade between the two regions.
Noted collectors of Media Art, Mr. Kramlich and his wife, Pamela, founded the New Art Trust to foster best practices in the field in 1997 and received a Lifetime Achievement Award from the San Francisco Art Institute in 2006. Mr. Kramlich and Pamela have four children and six grandchildren and enjoy hiking, traveling, tennis and swimming. In 2008 and 2009, they lived in Shanghai, China, where Mr. Kramlich assisted NEA’s China practice.
Mr. Kramlich received a BS in History from Northwestern University and an MBA from Harvard University.
Mr. Rauner is Chairman of R8 Capital Partners. Prior to R8 Capital Partners, he was the Chairman of GTCR, where he and his partners helped form and finance the growth of over 200 companies in diverse industries including business services, technology and healthcare. Before joining GTCR in 1981, Mr. Rauner worked in strategic consulting with Bain and Company and in economic analysis with Data Resources, Inc.
Mr. Rauner has served on the boards of numerous civic and philanthropic organizations including New Schools for Chicago, The Noble Network of Charter Schools, Chicago Communities in Schools, Ravinia Festival, CFA Society of Chicago, the Metropolitan Pier and Exposition Authority, World Business Chicago and the University of Illinois Chancellor’s Strategic Advisory Board. He is Chairman of the Education Committee of the Civic Committee of The Commercial Club of Chicago, Chairman of the Chicago Convention and Tourism Bureau, Co-Chairman of the Chicago-China Initiative, Chairman of ACT Charter School and Past Chairman of the Chicago Public Education Fund.
A Chicago native, Mr. Rauner has been the key donor for many local projects including Chicago’s new Red Cross regional headquarters, the YMCA in the Little Village neighborhood, six new charter high schools on the near west side, an AUSL turnaround campus, scholarship programs for disadvantaged Illinois public school students and achievement-based compensation systems for teachers and principals in Chicago Public Schools.
In 2008, Mr. Rauner was named Philanthropist of the Year for the Chicago AFP. He also received the Daley Medal from the Illinois Venture Capital Association for extraordinary support to the Illinois economy and was given the Association for Corporate Growth’s Lifetime Achievement Award. Mr. Rauner and his wife, Dr. Diana Mendley Rauner, received the Golden Apple Foundation’s 2011 Community Service Award. Diana is President of the Ounce of Prevention Fund, an education, research and advocacy public-private partnership that operates innovative early education programs nationwide.
Mr. Rauner’s higher education contributions include funding for the construction of the Rauner Special Collections Library at Dartmouth College, the endowment of full professor Chairs at Dartmouth College, Morehouse College, University of Chicago and Harvard Business School and acting as leading donor for the Stanley C. Golder Center for Private Equity and Entrepreneurial Finance at the University of Illinois.
Mr. Rauner received a BA degree in economics, summa cum laude and Phi Beta Kappa, from Dartmouth College and an MBA from Harvard University.