J. Andrew Bugas, Partner at Radar Partners, and Karen K. Edwards, CEO of Kosiba Edwards Associates, Appointed to Darden School Foundation Board of Trustees

The University of Virginia Darden School of Business and the Darden School Foundation today announced the election of two trustees, J. Andrew (Andy) Bugas and Karen K. Edwards, who will serve three-year terms.

“Andy and Karen bring tremendous experience to the Board of Trustees,” said James Cooper, chair of the Darden School Foundation Board of Trustees. “We value their perspectives and look forward to their contributions with enthusiasm.”

J. Andrew Bugas (MBA ’86) is a partner at Radar Partners, a private investment partnership. Radar makes direct investments in entrepreneurial ventures, and invests in third-party asset managers across a spectrum of asset classes and investment strategies. Bugas has overseen Radar’s non-direct investments since he joined the firm in 2005. Prior to joining Radar, Bugas was a senior managing director in the Investment Banking Group at Bear, Stearns & Co. Inc. He concluded his tenure there as a member of the firm’s European Executive Committee, based in London. Prior to moving to London, Bugas had been responsible for, at different times, the firm’s Leveraged Finance, Industrial Products and Services, Consumer Products, and Financial Buyers groups.

Bugas received a bachelor’s in economics from Stanford University in 1981 and an MBA from the Darden School in 1986. Bugas and his wife, Maryann, reside in New York City and have three sons.

Karen K. Edwards (MBA ’84) is CEO of Kosiba Edwards Associates in Bethesda, Maryland, providing strategic and financial advisory services to companies and their founders and owners. Edwards has been a member of the board of directors of Arbor Realty Trust since 2005, where she serves on the nominating and governance and audit committees.

In 1992, Edwards co-founded the investment banking group of Friedman, Billings, Ramsey & Co. Inc. (FBR) in Washington, D.C., to provide corporate finance and M&A services to banks, thrifts, specialty finance companies and real estate investment trusts. She retired from FBR in 2000 to focus on venture capital and angel investing with New Vantage Group and WomenAngels. From 2002–2008, Edwards worked in wealth management, serving on the advisory board and then as senior vice president of business development for GenSpring Family Offices in Chevy Chase, Maryland. Prior to FBR, Edwards spent two years in the federal government as director of resolutions for the oversight board of the Resolution Trust Corporation.

A Chartered Financial Analyst, Edwards is a member and former president of the CFA Society of Washington. She is also a member of the Washington, D.C., chapter of Women Corporate Directors. Edwards is a 1978 graduate of Carleton College in Northfield, Minnesota. She has two daughters.

“We are honored to welcome Andy and Karen to the Board of Trustees,” said Scott Beardsley, Dean and Charles C. Abbott Professor of Business Administration. “We are very thankful for their commitment to Darden and look forward to working with them in this leadership capacity.”