In 2004 Cabell Williams concluded a 23 year career at Allied Capital Corporation (NYSE:ALD), a $3 billion Business Development Corporation based in Washington, DC. While at Allied, Mr. Williams held several positions including President, COO and Managing Director following Allied’s merger with its affiliates in 1998. From 1991 to 2004, Mr. Williams either led or co-managed the firm’s Private Equity Group. He directed Allied in six control buyouts investing approximately $220 million, resulting in an average internal rate of return, of 43%. Prior to 1999, Mr. Williams led Allied’s Mezzanine investment activities. Between 1988 and 2000, he was directly responsible for investing approximately $500 million in over 50 LBO transactions that resulted in an average internal rate of return of 17%. Mr. Williams served on Allied’s Investment Committee where he was responsible for reviewing and approving all of the firm’s investments. Prior to 1991, Mr. Williams ran the company’s Minority Small Business Investment Company. He also founded Allied Capital Commercial Corporation, a real estate investment vehicle. Over his 23 years at Allied he has served on the board of directors of various public and private companies. Today he is a Senior Managing Partner with Farragut Capital Partners, a $100 million SBIC in Chevy Chase, MD. He also serves as an independent director on the Board of Saratoga Investment Corporation (NYSE:SAR), a publicly traded Business Development company located in New York, NY. Mr. Williams attended The Landon School, graduated from Mercersburg Academy, and Rollins College where he received a BS in Business Administration.