NEW YORK, LONDON, HONG KONG and SYDNEY, March 21, 2012 /PRNewswire/ -- Pomona Capital, a global private equity firm, announced a series of promotions including 2 Partners, 1 Principal, 3 Vice Presidents, 1 Senior Associate and 1 Accounting Manager. In particular, Pomona promoted Douglas Kelly and James Rorer to be Partners of the firm. Mr. Kelly's and Mr. Rorer's appointments bring the total number of Pomona Partners to seven.
"Doug and Jim have demonstrated the experience, energy, integrity and commitment important to Pomona Capital and its investors", said Michael Granoff, Chief Executive Officer of Pomona Capital. "We are thrilled to have them join the Partner team and are confident they will make a significant contribution to the success of the firm going forward."
Both Mr. Kelly and Mr. Rorer are senior members of the investment team focusing on investment analysis and deal sourcing. Mr. Kelly joined Pomona in 2007 and has thirteen years of private equity experience. Prior to joining Pomona, he was a Director at Barclays Capital in the U.S. Strategic Finance Division. Previously, he spent seven years at General Electric Company working at GE Equity as well as at GE's Corporate Lending Group.
Mr. Rorer joined Pomona in 2004 and has fifteen years of private equity experience. Prior to Pomona, he was a Vice President in the private equity group at U.S. Trust. Earlier, Mr. Rorer spent several years at Bain & Co. and began his career at Credit Suisse.
About Pomona Capital
Founded in 1994, Pomona Capital is an international private equity firm that has approximately $7 billion in capital commitments across a series of secondaries, primaries and co-investment strategies from a global group of 250 sophisticated investors. Pomona Capital has invested in partnership interests in over 500 private equity funds, diversified across the entire spectrum of private equity, with investments in 5,000+ companies. Pomona Capital's team is based in New York, London, Hong Kong, and Sydney. For more information on Pomona Capital, visit www.pomonacapital.com.
SOURCE Pomona Capital