Gus Hunt, a 28-year CIA veteran and the agency’s former chief technology officer, has joined private equity firm LLR Partners as an operating partner.
The firm has opened a second office in Arlington, Va. in addition to its Philadelphia location as it pursues investments in government technology and services businesses with annual revenues of between $25 million and $250 million, LLR said Friday.
Hunt will work to help LLR evaluate and target new investment opportunities in the security, defense and government services sectors.
Jason Rigoli, a principal at LLR Partners, said Hunt brings experience in the role commercial technologies play in government agencies and led the CIA’s adoption of a cloud-based infrastructure.
“I’ve followed technology and investing trends for more than 20 years, seeking ways to meet our government’s objectives through the latest commercial technologies, ” Hunt said.
“This relationship with LLR will give me the chance to directly advise growth-oriented businesses as they look to expand in both the commercial and government markets.”
LLR looks to invest in businesses that work with commercial and government clients on physical and cybersecurity and government contractors for homeland security, defense, intelligence and healthcare agencies.
Hunt has also served as the CIA’s application services director with responsibility for building information technology services and setting the agency’s vision for developing and investing in applications.
Prior to the CIA, Hunt designed manned space flight vehicles and satellite orbital transfer vehicles in the private sector for seven years as an aerospace engineer.