Board of Directors

Ken Ansin, Director, Enterprise Bank and Trust Company Katherine Borsecnik, Former President of Brand Management and Senior Vice President, AOL Hank Cauley, Senior Officer, Pew Environment Group, Pew Charitable Trusts Elizabeth Funk, President and CEO, Dignity Fund Frank Hicks, Vice President of Investment Opportunities, Bio-Logical Capital Tom Kaneb, Partner, Miralta Capital Jeremy Mindich, Founder and Managing Partner, Scopia Capital Juan P. Morillo, Partner, Clifford Chance US LLP Matthew Patsky, CEO, Trillium Asset Management Nancy Rosenzweig, Social Enterprise Entrepreneur Jack Taylor, Board Chair, Alliance to End Hunger Deborah Drake, Program Manager, Investing in Inclusive Finance, ACCION - Director Emerita Jean Hazell, Research Associate, Harvard Business School - Director Emerita Jonathan Rosenthal, Principal, Just Works Consulting - Director Emeritus

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Board of Directors


Ken Ansin, Director, Enterprise Bank and Trust Company

Mr. Ansin is a serial entrepreneur with experience owning and running businesses in the footwear, portable rest room, commercial banking, and cabinetry industries. A director of Enterprise Bank and Trust Company since 1994, he also chairs the Asset and Liability Committee there. His commitment to the nonprofit sector began in the late 1980s with board experience since at The United Way of North Central Massachusetts, Fitchburg State College, Applewild School and Children's Aid and Family Service. Since 2004, he has shifted his personal strategy from leading for-profit companies to a commitment within the international social sector, with a focus on microcredit. This has led him to dozens of developing countries in Africa and Asia for both research and involvement, with leading organizations including Oxfam, Grameen, Save the Children, Bandhan, BRAC, and Ashoka. Mr. Ansin advises Massachusetts Governor Deval Patrick on issues around economic development, and he served on the governor's transition committee in 2006. He is also on the advisory council of BRAC USA. Mr. Ansin holds an M.P.A from the Kennedy School of Government.

Katherine Borsecnik, President of Brand Management and Senior Vice President, AOL (retired)

Ms. Borsecnik is the former president of brand management and senior vice president of AOL, where she oversaw development and design of all online content, including news and information, entertainment services, community, and online transactional products. Ms. Borsecnik’s group was also responsible for the development of online policy in the early years of interactive community. Since 2002, Ms. Borsecnik has leveraged her business management experience on behalf of growing organizations whose missions she supports, particularly in the area of economic rights and development. She has been an active Board and Executive Committee member for Women for Women International, an organization that works with women survivors of war, for four years. She is also a trustee and vice president of the Board of the Georgetown Day School, a Board member of the Telluride Academy, and president of the Ebb Point Foundation, a small family foundation that supports a variety of educational, civil and human rights organizations. Ms. Borsecnik holds a B.A. from the University of Wisconsin, and she lives with her husband and two daughters in Washington, DC, and Telluride Colorado.

Hank Cauley, Senior Officer, Pew Environment Group, Pew Charitable Trusts

Mr. Cauley is a senior officer at the Environment Group of the Pew Charitable Trusts. At Pew. Mr. Cauley manages the Wild Australia program, which seeks to protect land and marine biodiversity and, more broadly, he is developing market-based strategies to conserve global marine resources. Prior to joining Pew, Mr. Cauley was a partner in the U.S. arm of Ecos, a sustainability consulting firm based in Australia. In addition to developing broad corporate sustainability strategies, he mediated disputes between environmental groups and corporations, defined ways in which environmental groups can collaborate with corporations, and assisted NGOs in developing conservation strategies. Mr. Cauley also developed on-the-ground experience through his own company, Innovative Environmental Technologies Inc., and his leadership roles in a variety of NGOs operating in the U.S., Africa, and Asia. These roles included U.S. president of the Forest Stewardship Council, director of the World Wildlife Fund’s Biodiversity Conservation Network, and country director for VITA in Somalia. Hank has an M.A. in chemical engineering from the University of Arizona and an M.B.A from Harvard Business School.

Elizabeth Funk, President and CEO, Dignity Fund

In addition to serving on the board of Unitus, Ms. Funk is also a co-founder and serves on the Board of the Unitus Investment Group. She is the founder and CEO of the Dignity Fund, an investment vehicle designed to attract investment dollars to finance growth in microfinance. She is a co-founder and serves on the Board of the Silicon Valley Microfinance Network, and was the founding chairman of the Board of MicroPlace, an internet-based microfinance investment platform sold in 2006 to eBay. Ms. Funk is a co-owner and the chairman of the Board of Imperial Parking, a parking services business based in Hong Kong. She also owns a land development and ecological preservation project in Belize. Until 2007 she served as the CEO of CML Global Capital, a diversified international investment firm, which was publicly traded until she helped privatize the firm in 2004. Prior to joining CML, she was one of the earliest employees of Yahoo!, where she founded the Yahoo! Shopping service. She is an active member of the Young President’s Organization (“YPO”) serving as the chair of the Board of the Pacific Region and as a founder of Social Enterprise Networks. Ms. Funk serves on the Board of the Glide Economic Development Corporation, building housing developments for the homeless and working poor in downtown San Francisco. She is also a member of the Clinton Global Initiative. In 2008, she was recognized as the Female Entrepreneur of the Year by The Indus Entrepreneurs (TiE), recognizing her work for Unitus that has "pushed the boundaries of innovation, quality and overall creativity." Ms. Funk holds an undergraduate degree with honors in international relations and economics from Stanford University, and an M.B.A. from Harvard Business School, where she graduated in 1996 as a Baker Scholar. She is a frequent speaker about microfinance to audiences such as at the US Department of State, the Forbes CEO Conference, and the Clinton Global Initiative. She has been profiled in publications including Forbes, the San Jose Mercury News, and Business Week.

Frank Hicks, Root Capital Board Chair, Vice President of Investment Opportunities, Bio-Logical Capital

Mr. Hicks is a vice president of Bio-Logical Capital, responsible for investment opportunities and strategic relationships. In addition, he is a founding member of SourceTrace Systems, a company that develops software applications for remote microfinance and agricultural supply chain transactions in developing countries. Formerly, he was the director of Forest Trends Business Development Facility, director of the Rainforest Alliance’s Sustainable Agriculture Program, and vice president of Organic Commodity Products, an organic chocolate company based in San José, Costa Rica. Prior to that he worked as: the program manager for TechnoServe's Ghana office; the regional representative for the Biodiversity Conservation Network, based in the Philippines; and as a program officer with the Ford Foundation based in Nigeria and New York City. He is currently a board member of the Nature Conservancy’s EcoEnterprises Fund and an advisor to Forest Trends and Ecoagriculture Partners. Mr. Hicks has a master’s degree from Harvard University’s Kennedy School of Government, with a focus on international development, and a bachelor’s degree from Stanford University in human biology.

Tom Kaneb, Partner, Miralta Capital

After managing a family business for 21 years, Mr. Kaneb has worked as a partner in Miralta Capital since 1999, focused on venture capital investments in emerging technology in Canada. His education includes a chemical engineering degree from Queens University and an M.B.A. from Harvard University. His focus is on building strong management teams and strong sales growth in young technology companies. Mr. Kaneb and his wife, Gail Kaneb (whose expertise is change management and development of fast growing organizations,) are actively engaged with emerging NGOs that are applying innovative models to unsolved problems in the developing world; they are able to apply the skills they have developed in the venture capital world to help emerging NGOs scale up.

Jeremy Mindich, Founder and Managing Partner, Scopia Capital

Mr. Mindich is founder and managing partner of Scopia Capital, a hedge fund management company with $700 million in capital. He manages traditional market-neutral, long/short value funds with a fundamental research focus. The firm's investment style is unusual in that it combines fundamentally focused, deep due diligence and a concentrated portfolio of high conviction long and short positions with the discipline of market neutrality. Before Scopia, Mr. Mindich worked as an analyst/partner at Porter Felleman, Inc. (now Porter Orlin, Inc.) where he specialized in evaluating healthcare and emerging technology companies for a well-respected old guard hedge fund management group. He also helped to manage Nippon Partners, a fund focused on deep-value Japanese investments. He has written freelance stories on economic and social issues ranging from U.S. race relations to the Polish television industry for the Boston Globe, Buzz, Chicago Tribune, Christian Science Monitor, Details, Orlando Sentinel, SF Weekly, San Francisco Bay Guardian, and the Village Voice. Mr. Mindich is a graduate of Wesleyan College and the Harvard Kennedy School of Government.

Juan P. Morillo, Partner, Clifford Chance US LLP

Mr. Morillo is a partner in Clifford Chance US LLP’s Litigation and Dispute Resolution Practice. His practice involves criminal defense and complex civil litigation for Fortune 500 companies, large international companies, professional services firms, and senior executives. In the criminal context, Mr. Morillo represents clients in federal investigations involving accounting, financial, securities, and tax fraud; bribery; antitrust, environmental and immigration violations; and healthcare fraud and abuse. He also represents clients in congressional, federal agency, and inspector general investigations. In addition, Mr. Morillo represents clients in internal investigations and audits involving alleged bribery, fraud and other corporate misconduct. He advises some of the largest Fortune 500 companies and financial services firms on the development, implementation and testing of their compliance programs. In the civil context, Mr. Morillo represents clients in class actions and other civil litigation involving the Racketeer Influenced and Corrupt Organizations Act (RICO), fraud, tort, breach of contract and other civil claims. Mr. Morillo assists clients in developing and implementing crisis management and public relations strategies. He has served as the spokesperson for clients in high profile matters and has appeared on CNN, Lou Dobbs, Fox, CNBC, Univision, and NPR, and he has been quoted in several publications, including Business Week, The Washington Post, and USA Today. At age 37, Mr. Morillo was recognized by The American Lawyer, the industry's leading publication, as one of the nation’s top 50 litigators under the age of 45.

Matthew Patsky, CEO, Trillium Asset Management

Mr. Patsky is CEO of Trillium Asset Management and brings 25 years of investment research experience to the company. Prior to joining Trillium in 2009, Mr. Patsky was managing director and portfolio manager for Winslow Management Company. He previously served as director of equity research for Boston-based Adams Harkness, Inc., where he supervised 21 research analysts focused on emerging growth technology, healthcare and consumer companies. Mr. Patsky is widely considered to be an expert on the natural products industry and he is recognized as the individual responsible for the development of the "Healthy Living" sector. Before joining Adams Harkness, Inc. in 1995, Mr. Patsky served as vice president at Robertson Stephens & Co. Mr. Patsky holds a B.S. from Rensselaer Polytechnic Institute and is a chartered financial analyst. He is a member of the Social Venture Network (SVN).

Nancy Rosenzweig, Nancy Rosenzweig, Social Enterprise Entrepreneur

Ms. Rosenzweig is the former CEO for The Natural Dentist, and a former director of the Forsyth Institute, the world's leading independent dental research institution. Ms. Rosenzweig was vice president of marketing at ZipCar and a teaching fellow at Harvard University, where she received the Distinguished Teacher Award. She has also served as vice president of marketing and communications at Bright Horizons Family Solutions, and vice president of marketing and corporate communications at Toms of Maine. She specializes in building and leading multi-faceted organizations through start-up, turnaround and high-growth cycles. Ms. Rosenzweig received her B.A. from Hamilton College in New York, and her M.B.A. in international marketing from Northeastern University.

Jack Taylor, Board Chair, Alliance to End Hunger

Mr. Taylor has more than 25 years of experience in the management, finance, and development of entrepreneurial businesses and nonprofit organizations. He is an investor in or advisor to a number of ventures, specializing in enterprises that offer market-based solutions to environmental and social problems. Mr. Taylor is also an entrepreneur who owned and operated a wood products mill in Vermont and has held marketing and managerial positions in successful manufacturing and software development companies in Connecticut, New York, and Florida. He was a founder and vice president of the Twin Pines Housing Trust, a provider of affordable housing, and served as Treasurer of the Vermont Land Trust. He has also served on the Boards of the Vermont Community Foundation and Chelsea Green Publishing Co. Mr. Taylor is currently the chair of the Board of the Alliance to End Hunger and a board member of Bread for the World, both leading organizations in the movement to end hunger throughout the world. He is a graduate of Wesleyan University.





Deborah Drake, Root Capital Board Director Emerita, Program Manager, Investing in Inclusive Finance,
Center for Financial Inclusion at ACCION International

Ms. Drake is currently program manager of Investing in Inclusive Finance of the Center for Financial Inclusion at ACCION International, a program that works to advance the commercial model of microfinance while upholding the interests and needs of poor clients worldwide. Ms. Drake also manages the Council of Microfinance Equity Funds (CMEF), a membership organization of private entities that make equity investments in microfinance institutions (MFIs) of the developing world. Ms. Drake is the co-editor of The Commercialization of Microfinance: Balancing Business and Development and the co-author of Alchemists for the Poor: NGOs as Financial Institutions. Before joining ACCION International, Ms. Drake was a banking specialist in the Financial Policy and Systems Division of the World Bank and a commercial banker in Washington, DC. Ms Drake also participates on the advisory board of CARS, the assessment and rating system for U.S. community development financial institutions. She is a graduate of Georgetown University and holds an M.B.A from Babson College.

Jean Hazell, Root Capital Board Director Emerita, Research Associate, Harvard Business School

Ms. Hazell’s work at the Harvard Business School focuses on commercial models to improve the health and economic well-being of low income sectors in the developing world. This interest grew from five years helping to strengthen microfinance institutions in Latin America with ACCION International. Since then, Ms. Hazell has led two social ventures, as executive director of the Interra Project, and co-founder and president of Work in Progress. Ms. Hazell has also served as senior vice president of marketing at XACT, and as a financial analyst at Merrill Lynch. Ms. Hazell holds an M.B.A. from the Wharton School of the University of Pennsylvania, and a B.A. from Yale University.

Jonathan Rosenthal, Root Capital Board Director Emeritus, Principal, Just Works Consulting

Mr. Rosenthal has been working hard to make the fair trade coffee and natural and gourmet products industries more just for over 25 years. As an independent consultant, Mr. Rosenthal creates and manages projects that help advance social justice issues in the global fair trade community. He is an advisor to numerous fair trade organizations and is co-founder and former executive director of Equal Exchange, a worker-owned, fair trade coffee company. Jonathan is blessed to have a fabulous wife and two wonderful daughters.