Team

Kelly has more than 41 years of industry experience and is a Managing Director at Kelly DePonte Advisory LLC. Kelly was previously responsible for Probitas Partners’ research. Prior to Probitas Partners, Kelly was Chief Operating Officer and Managing Director at Pacific Corporate Group (“PCG”), a leading provider of alternative investment advisory, management and consulting services. Kelly oversaw the partnership investment program, which comprised more than $20 billion in capital dedicated globally to private equity. Before joining PCG, Kelly held various senior positions at First Interstate Bancorp, including management of a $170 million venture capital portfolio, oversight of all financial derivative activity in the corporation and its banks, and analysis and management of capital and liquidity positions of First Interstate subsidiaries.

Kelly is also a Member of the Advisory Board of the Investment Management Due Diligence Association (IMDDA.org) providing advice on closed-end fund due diligence. He also serves as a Trustee of the Bennington Museum that is focused on art and history in Bennington, Vermont. Previously, he served on the Editorial Advisory Board of The Review of Private Equity, and he is the editor of several books published by PEI Media: “The Definitive Guide to Private Equity Fund Due Diligence” (1st & 2nd editions); “The Definitive Guide to Distressed Debt and Turnaround Investing” (1st & 2nd editions); and “A Guide to Private Equity Fund of Funds Managers” (2nd edition).  Kelly earned a BA in Communications from Stanford University and an MBA from The Anderson Graduate School of Management at UCLA.