GREENWICH, Conn., Oct. 26 /PRNewswire/ -- General Atlantic LLC (GA), a leading global growth equity firm, today announced that J. Frank Brown, the Dean of INSEAD, will be named a Managing Director of the firm. Mr. Brown will complete his term at INSEAD in March 2011 and will join General Atlantic in June 2011.
William E. Ford, Chief Executive Officer of General Atlantic, said, "We have known Frank for nearly three decades, initially as an advisor to General Atlantic and since then as a close friend of the firm. Along with his broad network of international business relationships, Frank brings a depth of business acumen, leadership skill and operating experience that will be extremely valuable to the growth of GA and the work we do to add value to our portfolio of global growth companies. We are all looking forward to working with Frank as part of our global team."
Mr. Brown added, "I am very excited to be joining a firm that I have known and respected for a very long time. Around the world, General Atlantic's brand stands for excellence in helping growth companies scale their operations and expand globally. GA provides more than capital when it invests; the firm's active approach as a strategic advisor, its global network, and its long and flexible investment horizon are what add real value in building market leaders."
GA's recent growth equity investments include MedExpress in the U.S., Privalia in Spain, SouFun in China and Asian Genco in India, among others. The firm's team of more than 75 investment professionals provides insight and regional expertise from nine global offices in the U.S., Europe, Asia and Latin America. Founded in 1980, GA manages $15 billion in capital and invests about $2 billion per year in growth companies. General Atlantic's strategy is to identify the world's most attractive companies in five high growth sectors and provide them with capital and strategic support to become global market leaders.
Since 2006 Mr. Brown has served as Dean of INSEAD, the leading international business school with campuses in Europe, Asia and the Middle East. He is the second American Dean since the foundation of the school in 1957. During his tenure INSEAD opened its third campus in Abu Dhabi and established the Blue Ocean Strategy Institute and the Social Innovation Centre. He also increased the participation of women students in the MBA program by more than 50%, built stronger connections with INSEAD alumni and with the business community, and achieved greater brand awareness for INSEAD. Prior to joining INSEAD, Brown had a distinguished 26-year career at PricewaterhouseCoopers, including leadership of the $3.5 billion Advisory Services practice. Mr. Brown is the author of The Global Business Leader: Practical Advice for Success in a Transcultural Marketplace, and he is a frequent speaker on leadership.
Mr. Brown is a member of the American Institute of Certified Public Accountants and the New York, New Jersey and Connecticut State Societies of Certified Public Accountants. He is also a member of the European Academy of Business in Society (EABIS) Board and the European Executive Council (EEC). Before becoming Dean, he served as a member of the INSEAD Board and as Chairman of the school's U.S. Council. He received his B.S.B.A. from Bucknell University and studied on an advanced management program at the Wharton School at the University of Pennsylvania.
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.
SOURCE General Atlantic