GREENWICH--General Atlantic LLC ("GA"), a leading global growth equity firm, today announced that Gary M. Reiner, former Chief Information Officer of General Electric Company ("GE"), has joined the firm as a Special Advisor. In this role, Mr. Reiner will provide strategic support to GA and its efforts in partnering with leading growth companies worldwide. He will also serve as a director of, and offer deep operational expertise to, GA's portfolio companies.
Founded in 1980, GA has a long history of identifying, investing in and supporting growth companies in the U.S., Europe and Asia. With a target investment size of $50 million to $500 million, GA manages approximately $15 billion and invests between $1.5 billion and $2 billion per year in growth opportunities globally.
Mr. Reiner joins GA's Special Advisor network consisting of several experienced industry executives who work closely with GA's investment professionals in identifying new opportunities as well as providing strategic advice and guidance to GA and its portfolio companies.
Bill Ford, Chief Executive Officer of General Atlantic, said, "The industry and technology expertise that Gary brings to GA will enhance our efforts to invest in and support growth companies around the globe. We are excited to have him join the GA team."
Mr. Reiner added, "General Atlantic's specific focus on global growth is a model that consistently adds value to portfolio companies. I am pleased to help expand GA's unique industry knowledge and global perspective, and I look forward to helping portfolio companies grow and extend their success."
Mr. Reiner previously served as senior vice president and Chief Information Officer of GE, where he led M&A, Sourcing, IT, Operations and Quality for the company. Prior to that, he was a partner with Boston Consulting Group, where he drove strategies and operations improvements for high-technology businesses. Mr. Reiner earned a B.A. in economics from Harvard University and an M.B.A. from Harvard Business School.
About General Atlantic
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. GA combines a collaborative global approach, sector specific expertise, long-term investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Established in 1980, GA manages approximately $15 billion in capital and has more than 75 investment professionals based in Greenwich, New York, Palo Alto, London, Dusseldorf, Hong Kong, Beijing, Mumbai and Sao Paulo. For further information and a listing of GA's public and private portfolio companies see www.generalatlantic.com.