Mr. Kelly has over 35 years of investment experience serving public companies and private partnerships in the financial advisory and real estate development sectors. Over his career he has
arranged over $50 billion of financial transactions and developed over $3.5 billion in real estate assets, including over $400 million in public- private partnerships. He is the founder and managing director of Serra Real Estate Capital, which is a leading real estate and project finance specialist catering to corporate, governmental and not-for-profit users.

He is also the founder and managing partner of StraightLine Realty Partners, an alternative investment platform with holdings in real estate, financial services, and venture capital. Its portfolio includes Croesus and Company, an international real estate advisory firm with over $500M in AUM; BKL Partners, an alternative small balance lender to real estate investors; and Serra Real Estate Capital, with over $200M in AUM, which provides capital to rated governmental and corporate borrowers. Mr. Kelly also has significant governance and strategic planning experience, particularly in the public sector. He was Chairman of the Texas Public Finance Authority from 2002-2006 and was the longest continuous serving trustee and Chairman of the $150B Teacher’s Retirement System of Texas from 2009-2017.

He is currently lead independent director of TCW Direct Lending, a director of The Invesco REIT, and a director of Children’s Medical Center Plano Governing Board, and his former directorships include Croesus Merchants International Singapore (Special Advisor); Hong Kong-based Everglory Financial Holdings (Chairman); Dubai-based Al Masah Capital Limited. Mr. Kelly graduated as a John Harvard Scholar with a bachelor’s degree in economics from Harvard University and received an MBA degree from the Stanford University Graduate School of Business.