Dylan Doran Kennett

Partner, Head of Venture and Growth Capital, EMEA
Partner

Dylan is a partner at Herbert Smith Freehills Kramer and co-leads the Venture and Growth Capital practice and co-leads its Sports group.

Dylan has a wealth of experience in all aspects of private capital, in particular venture/growth equity, buyout, and both domestic and cross-border M&A. He has taken a number of high-growth companies ‘global’ advising on ‘land and expand’ strategy – through new jurisdictions, business lines or acquisitive entries into new markets.

Dylan acts on both sides of the investment dialogue, advising both company-side and investor-side (whether institutional or strategic), as well as joint ventures and other collaborative transactions. He predominantly covers the technology (and its intersection with many industries), life sciences, media and sport sectors. 

He is a ranked lawyer in the Legal 500 (Venture Capital) and named a Corporate Rising Star at the 2023 LMG Life Sciences Awards.

Experience & capabilities

Selected matters

Sports

  • Eagle Football on its minority interest in Crystal Palace, leveraged buyout of Olympique Lyonnais and proposed acquisition of Everton Football Club
  • advising the 2003 England Rugby squad on their legacy charitable vehicle and all aspects relating thereto
  • Discovery Media, on its acquisition of Eurosport*
  • advising Crux Football, the founders of a new football club multi-club ownership group and investment house on its initial fundraising and ultimate acquisitions of Montpellier Feminin and FC Rosengard
  • John Textor on his investment into Crystal Palace Football Club*

Healthcare/Life Sciences

  • Merck (MSD) Global Innovation Fund on a number of their ex-US minority investments across the globe
  • Pfizer Ventures, on a number of Series A and B rounds in UK life sciences companies, including, Nucleome, Grey Wolf, Storm Therapeutics and spin-out Zura Bio *

Fintech

  • Aquiline on a number of its fintech investments across the globe, including UK, US, France and India
  • Tide, one of the UK's leading fintechs, on its $120m investment from TPG and Apax Digital Partners minting Tide as a unicorn
  • Aquiline Capital Partners on Convertible Loan Note investment into Grape
  • ANZ Bank on its Series D investment in Bud Financial Ltd, an open banking platform services provider
  • ANZ was part of a consortium of investors including HSBC and Goldman Sachs*
  • Euronext on its $10 million investment into Algomi, a leading UK based, fixed income fintech provider*

Venture Capital

  • advising Carbon13, a startup incubator focusing on addressing the climate emergency on all aspects of its formation and deployment of capital across multiple cohorts. He also advised C13 portfolio companies on a range of matters
  • Hoxton Ventures, a London based technology venture capital fund on its £5 million investment into Malt AI. The investment was part of a larger seed round led by Hoxton, alongside Creator Fund and other business angels
  • Hyundai Motor Company and Kia Motors Company, as lead investor, on its EUR100 million, Series A investment in Arrival SARL. Arrival is a Luxembourg- based company focussing on creating and designing electric vehicles*
  • Jaja Finance Limited on their £600 million acquisition of the Bank of Ireland's credit card portfolio, as well as raising £20 million in fresh funding from KKR and Centerbridge. The transaction also involved a crowd-funding structuring, as part of the overall deal. Project completion June 2019*
  • Gett (formerly Gett Taxi) on its USD1.2 billion, Series D funding round in which Volkswagen Group invested USD300 million*
  • PAI Partners, on their CHF2.7bn disposal of Swissport to HNA Group
  • Aviva Ventures on the formation and all legal documentation in relation to Aviva Ventures foundation. He also advised Aviva Ventures on a number of downstream investments*
  • Hyundai Motor Company and Kia Motors Company, as lead investor, on its EUR100 million, Series A investment in Arrival SARL. Arrival is a Luxembourg- based company focussing on creating and designing electric vehicles*
  • Daimler AG on their GBP10 million investment in Carwow’s GBP25 million Series D investment round, alongside Balderton Capital, Accel and Vitruvian Partners*
  • WeWork advising on its corporate governance in the U.K, their international expansion into numerous jurisdictions and the creation of its Creator Awards in the UK, Hong Kong, the Netherlands and Germany. He also advised them on their acquisition of LT Build Limited, a general contractor in the UK*

* Experience prior to joining the firm

Background

Dylan recently completed an MBA at the University of Cambridge. He qualified in England and Wales in 2014 and joined the firm in 2023 from a leading international law firm where he was a senior associate and built his own practice in the venture capital and growth equity space.

  • College of Law, Moorgate, LPC, 2012
  • University College London, Bachelor of Laws (Honours) (LLB), 2011
  • McGill University, Bachelor of Arts (Honours) (B.A), 2006