Immediately prior to joining Warburg, Pincus, Mr. Cutter was Deputy Assistant to the President for Economic Policy (National Economic Council). The National Economic Council was established by President Clinton to oversee the development and implementation of United States economic policy. Mr. Cutter was responsible for developing the economic policy making process; for shaping international and domestic economic policy issues; and, along with other senior officials of the United States Government, for presenting issues to the President of the United States.

In his private sector career, W. Bowman Cutter served as senior Partner at Coopers & Lybrand, and the Firm's Vice Chairman for Strategy. His other positions at Coopers & Lybrand included: Managing Partner of Coopers & Lybrand's Strategic Services business, and Chairman of the Firm's Information and Communications Industry Sector. Mr. Cutter was also a member of Coopers & Lybrand's Firm Council, the Firm's principal governing body elected by the Partnership as a whole. Prior to joining Coopers & Lybrand, Mr. Cutter was the Executive Associate Director for Budget of the Office of Management and Budget (OMB) under President Jimmy Carter -- reporting to the Director of OMB -- for the development of the President's budget for the federal government.

In his last role at Coopers & Lybrand, Mr. Cutter was responsible for developing and implementing business strategy for the Firm as a whole, and for improving the effectiveness and efficiency of the Firm. In his previous roles, Mr. Cutter had been responsible for the management of businesses and the direction of major consulting assignments in the fields of corporate strategy and organizational design. In the course of this work, he had responsibility for a large number of international assignments in most principal areas of the world. Mr. Cutter's areas of expertise are corporate strategy and finance; organizational design; and the telecommunications and information industries, within which he has specialized. Mr. Cutter also worked extensively with the World Bank on problems of public sector management; organizational design; and public sector budgeting in developing nations. He led a large number of Bank missions to Africa and Latin America focusing upon ministry and parastatal organization; and was responsible for four major management and strategic analyses of the World Bank itself.

Mr. Cutter has lectured and taught extensively to graduate student and business executive groups on economics and public policy. He served as Chairman of the Board of Volunteers in Technical Assistance (VITA), a private, non-profit international economic development organization that concentrates upon economic development and technical assistance. He has also served on several committees of the National Research Council focusing upon the policy and management of the national space effort. Mr. Cutter is a member of the Advisory Board of the Woodrow Wilson School of Princeton University, and a member of the New York Council on Foreign Relations. In addition, Mr. Cutter is Chairman of the Global Information Infrastructure Commission Steering Committee which is affiliated with the Center for Strategic and International Studies. Mr. Cutter is also a member of the Board of Directors of the Immigration and Refugee Services of America and a member of the Board of Directors of CARE. In 1984, Mr. Cutter served as a senior economic and budgetary advisor to former Vice President Walter Mondale during his presidential campaign. Mr. Cutter holds degrees from Harvard University (where he graduated summa cum laude); Oxford University (as a Rhodes Scholar); and Princeton University's Woodrow Wilson School.

Mr. Cutter and his wife, Abigail, an artist and former assistant program director at the National Endowment for the Humanities, live in Waterford, Virginia. They have four grown children.