R. David Kelly

Managing director and co-founder

With over 35 years of experience in real estate and capital markets, Kelly has overseen more than $50 billion in financial transactions and developed over $3.5 billion in real estate assets, including $400 million in public-private partnerships. 

His significant governance and strategic planning experience, particularly in the public sector, includes serving as Chairman of the Texas Public Finance Authority from 2002 to 2006 and as Chairman of the Teacher’s Retirement System of Texas from 2009 to 2017. 

Currently, Kelly holds the position of lead independent director of TCW Direct Lending, as well as being a director of The Invesco REIT and serving on the Governing Board of Children’s Medical Center Plano. 

Kelly earned his bachelor’s degree from Harvard University and an MBA from the Stanford University Graduate School of Business.

R. David Kelly

Managing director and co-founder

With over 35 years of experience in real estate and capital markets, Kelly has overseen more than $50 billion in financial transactions and developed over $3.5 billion in real estate assets, including $400 million in public-private partnerships. 

His significant governance and strategic planning experience, particularly in the public sector, includes serving as Chairman of the Texas Public Finance Authority from 2002 to 2006 and as Chairman of the Teacher’s Retirement System of Texas from 2009 to 2017. 

Currently, Kelly holds the position of lead independent director of TCW Direct Lending, as well as being a director of The Invesco REIT and serving on the Governing Board of Children’s Medical Center Plano. 

Kelly earned his bachelor’s degree from Harvard University and an MBA from the Stanford University Graduate School of Business.