We are Activate Capital.

The Activate Capital Team

Robert Gallagher


Robert is CEO of Activate Capital. Prior to joining Activate Capital, Robert was a Director with KKR and led the firm’s credit investment activities in Ireland, including promoting the firm’s investment in Activate. From 2005 to 2011, he was an Executive Director of Ulster Bank, where he was responsible for the corporate and business banking franchises. Robert led the European leveraged finance and project finance businesses at Allied Irish Banks and has also worked at Citibank and KPMG. From 2009 to 2011, he was a board member of the European Banking Federation and president of the Irish Banking Federation. Robert is a Chartered Accountant and holds a B.Sc. from University College Dublin.

Paddy McElligott

Investment Director

Paddy leads investment activities at Activate Capital. He also sits on the council of Property Industry Ireland and chairs its finance policy committee. Prior to the establishment of Activate Capital, Paddy worked with investment firms KKR and Avoca Capital, with a specific focus on high yield corporate credit investing across Europe. Paddy qualified as a Chartered Accountant with KPMG and holds degrees in Civil Engineering and Mathematics from Trinity College Dublin.

Emmet O'Reilly


Emmet leads the finance and operations teams at Activate Capital. Prior to joining Activate, Emmet was CFO of Argentum Homes and was an integral member of the management team that successfully completed the sale of this homebuilding group to Cairn Homes plc. Emmet has held senior roles with Shelbourne Development and Green Property plc, where he led significant fund raisings for development and investment of commercial and residential properties. Emmet qualified as a Chartered Accountant with Andersen and holds a B.Comm. and an M.Acc. from University College Dublin.

Ciarán O’Toole

Investment Manager

Ciarán is responsible for the origination of new relationships and the leadership of subsequent execution of transactions. Prior to joining Activate, Ciarán was a manager in Ulster Bank, with various roles including real estate finance and most recently in the restructuring and disposal of the Bank’s non-core portfolio. Ciarán had direct responsibility for the management of a large number of real estate investment and development clients and he was also involved in the management and sale of Project Clear, a €500m residential development land portfolio. Ciarán graduated from University College Dublin with a degree in Mathematical Science.

Dan Murphy

Investment Manager

Dan is responsible for the origination of new relationships and the leadership of subsequent execution of transactions. Prior to joining Activate Capital, Dan was a manager in the Corporate Banking division of Allied Irish Banks, largely focused in the areas of real estate investment and development. Dan commenced his career in Anglo Irish Bank and worked in the Bank’s NAMA unit following its establishment in late 2009. Dan graduated from University College Cork and holds a B.Sc. in Finance.

Lauren Kelly

Financial Analyst

Lauren is focussed on the finance and operations side of the business. Lauren joined Activate Capital from KPMG Corporate Finance, having qualified as a Chartered Accountant. During her time with KPMG, Lauren worked with infrastructure and real estate clients in the public and private sector. Lauren holds a B.Comm. with French and an M.Acc. from University College Dublin.

Cillian Ryan

Investment Analyst

Cillian’s principal role is analysis of new transactions and management of the completion process. Prior to joining Activate, Cillian was with Key Capital Corporate Finance, having joined through their graduate training programme. Cillian has a degree in Finance from University College Cork and is a Chartered Financial Analyst.

Mark Conlon

Investment Analyst

Mark’s principal role is analysis of new transactions and management of the completion process. Prior to joining Activate, Mark was with EY as an Assistant Manager in their Assurance Group, specialising in audits of clients in the financial services sector. Mark has a master’s degree in Structural Engineering with Architecture from University College Dublin and is a Chartered Accountant.

Caetlyn Teakle

Office Manager

Caetlyn joined Activate Capital from Hat Trick Television Productions in London and has over 8 years’ experience in various office based roles, including volunteer event planning in her native Australia. As a result of her previous experience, Caetlyn brings strong organisational and analytical skills to her role with Activate.

John Ridgeway

Intern – Analyst

John joined Activate Capital in September 2018 as part of UCD’s Quinn Business School’s Internship Programme. John is in his penultimate year of Economics and Finance at UCD. Prior to joining Activate, John worked with Deloitte as an Audit & Assurance Intern.

Tim Kiernan

Intern – Analyst

Tim joined Activate Capital as an intern from UCD’s Quinn Business School in September 2018. He is an undergraduate Economics and Finance student and will progress into his final year following conclusion of his internship with Activate. Tim has experience in the Central Bank of Ireland, spending a summer working in the Financial Stability Division.

The Board of Activate Capital

Dan O’Connor


Non-Executive Director of Glanbia plc. Formerly CEO of GE Consumer Finance Europe, Chairman of AIB Group plc and Non-Executive Director of CRH plc.

Robert Gallagher


Joined from KKR Credit Advisors. Previously worked with RBS, AIB, Citibank and KPMG. Formerly Board Member of European Banking Federation.

Guillaume Cassou


Member, KKR Real Estate, responsible for the European Real Estate Team in KKR. Prior to KKR, Guillaume was with Goldman Sachs Real Estate.

Dan Pietrzak


Member, KKR Credit, managing private credit funds and portfolios. Previously Co-Head of Deutsche Bank’s structured finance business.

Eamonn Hayes


Managing Director of Capnua Corporate Finance. Eamonn was part of the founder team for Activate capital and led its initial €500m fundraising.

Alan Burke


Previously Co-Head of KKR Credit, the firm’s global investing business. Founder and CEO of Avoca Capital, which was acquired by KKR in 2014.

Stewart Harrington


Currently a non-executive director of Hibernia REIT plc, Stafford Holdings, Killeen Properties and the parent company of BWG Group.