Kelly Meldrum, Palo Alto, California, is a partner with Adams Street Partners, LLC, an investment firm. Meldrum was recruited to establish and expand the practice on the west coast. Along with her other duties, she serves as an advisory Board member and on the firms Portfolio Construction Committee and Strategy Committee. Prior to this position, Meldrum served as Director of Private Equity Investments at the William and Flora Hewlett Foundation. Meldrum helped manage their portfolio valued at $1.7 billion in 1998.