General Atlantic has hired Kell Reilly as a managing director in its Palo Alto office to focus on investments in the technology sector. Prior to joining General Atlantic, Mr. Reilly was with D1 Capital Partners where he served as co-head of the firm’s technology, media and telecommunications group.
Mr. Reilly has more than a decade of investment experience including with Dragoneer Investment Group, a San Francisco-based investor in private and public companies where he executed investments in such companies as Airbnb, Slack, Snapchat, Spotify, and Uber. Mr. Reilly also held past positions as an associate at Pacific Equity Partners and started his career as an investment banker at Merrill Lynch. He has his undergraduate degree from the University of New South Wales and his MBA from Stanford.
“Growth investing is my passion, and General Atlantic has a long-term track record of identifying and scaling transformative companies,” said Mr. Reilly. “I look forward to working with the team to partner with promising technology entrepreneurs who are shaping the industries of the future.”
“Technology and innovation are part of General Atlantic’s DNA,” said Bill Ford, chief executive officer of General Atlantic. “The globalization of entrepreneurship has led to the creation of outstanding technology and technology-enabled businesses around the world. Kell brings a global investing background that will add value to our current portfolio and our sourcing efforts.”
General Atlantic provides capital and strategic support to growth companies in the consumer, financial services, healthcare, and technology sectors. The firm was founded in 1980 and manages approximately $35 billion in assets. General Atlantic has more than 150 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore.
“Technology underpins all of our investing and partnerships across General Atlantic, with more traditional industries experiencing considerable disruption as the paradigm heavily shifts towards digital, mobile, consumer internet, and software. We are continuing to see an acceleration in innovation in the U.S. and globally, resulting in exceptional opportunities to partner with forward-thinking founders and management teams,” said Anton Levy, Managing Director and Global Head of General Atlantic’s Technology sector. “We are thrilled to have Kell on board as we work to accelerate the growth of some of the most exciting global technology companies in the world.”
The hiring of Mr. Reilly is the second managing director added to General Atlantic’s investment team this month. On Monday, the firm hired Justin Sunshine as a managing director in its New York office to focus on investments in the healthcare sector. Prior to General Atlantic, Mr. Sunshine was with Blackstone’s private equity group where he focused on healthcare investments.
© 2019 Private Equity Professional | October 24, 2019