GA lures business school head

Just two weeks after hiring the former president of Visa, the firm has taken on the dean of global business graduate school INSEAD, Frank Brown.

General Atlantic, which focuses on growth equity investments, has recruited the dean of INSEAD, Frank Brown, as managing director. Brown, who will continue his role as dean of the graduate business school until March of next year, will join GA the following June.

Frank Brown

Brown, who became dean of INSEAD in 2006, joined the school after a 26 year stint with PricewaterhouseCoopers where he headed the accounting titan’s $3.5 billion advisory services practice.

GA has known Brown for nearly 30 years, “initially as an advisor…and since then as a close friend of the firm”, said William Ford, chief executive officer of General Atlantic, in a statement.

Brown’s appointment is the latest in a string of changes to the firm’s senior management. Earlier this month the firm appointed former president of payments giant Visa, Hans Morris, to lead the firm's investments in the global financial services industry; and promoted Patricia Hedley, head of the firm’s global marketing and communications group, to managing director.

Also this month, GA promoted the following investment executives to managing director: Alexander Chulack, Cory Eaves and Brett Rochkind, all based in New York; and Gabriel Caillaux, based in London.

General Atlantic has a team of over 75 investment professionals from nine offices in the US, Europe, Asia and Latin America.  Founded in 1980, GA manages $15 billion in capital and invests about $2 billion per year in growth companies.