Douglas Kelly has left Pomona Capital where he worked as a partner in its New York office, a marketing associate for the firm confirmed in a phone call with Secondaries Investor.
Kelly joined the secondaries firm in 2007 and focused on sourcing and investment analysis for its secondary and co-investment businesses in New York, according to an archived version of Pomona’s website. His profile no longer appears on the Pomona site.
PE Hub first reported on Kelly’s departure.
It wasn’t clear when Kelly left the firm or his reason for leaving, although the marketing associate said the departure was recent. A spokeswoman for Pomona declined to comment.
Pomona promoted Kelly to partner in 2012. Before joining Pomona, Kelly was a director at Barclays Capital where he was responsible for structured finance transactions. Previously, he spent seven years at General Electric Company working at GE Equity as well as at GE’s Corporate Lending Group. He also worked at Merrill Lynch, according to his LinkedIn profile.
Pomona has made several secondaries deals this year including buying stakes in a Draper Esprit venture fund, two Bridgepoint Capital funds and a £55 million ($85 million; €76 million) commitment to Mithras Capital Partners fund of funds.
In April last year, Pomona closed its Pomona Capital VIII fund on its $1.75 billion hard-cap, according to PEI’s Research and Analytics division.