Jonas is General Counsel & Head of Business Development for Ventures, GE’s growth and innovation business comprised of GE Ventures, GE Licensing and New Business Creation. GE Ventures invests in and partners with the entrepreneurial ecosystem across Healthcare, Energy, Software and Advanced Manufacturing, and starts and grows companies via its New Business Creation unit. GE Licensing creates shareholder value through GE’s IP. Jonas manages the GE Ventures legal and business development teams that are responsible for the legal, transactional, government affairs and compliance matters for the various Ventures business units, and, as a member of GE Ventures’ investment committee, Jonas helps shape the strategic and investment decisions for GE Ventures.
From 2010 to 2016, Jonas was a legal and business development leader for GE Corporate. As Executive Counsel, Mergers & Acquisitions, Jonas was responsible for coordinating GE’s M&A coverage team for strategic transactions in the Americas region, including acquisitions, dispositions and joint ventures. In addition, Jonas led numerous strategic transactions and IPO’s. Jonas advised GE in its strategic plan to sell most of GE Capital’s assets in 2015-2016 (Project Hubble), leading dispositions of GE’s two U.S. banks and over $105B in assets, including GE’s core North American commercial lending & leasing businesses to Wells Fargo and the sale of GE Capital Bank to Goldman Sachs. In addition, in a business development capacity Jonas led the split-off of Synchrony Financial cross-functionally for GE, resulting in a retirement of $20.4B of GE stock (6.6% of GE’s float), and served as an observing party on Synchrony’s board.
From 2006 to 2010, Jonas led legal efforts for the Americas at GE Equity, GE Capital’s $6 billion strategic private equity portfolio. In this role, he was responsible for advising senior management on the day-to-day affairs of the business as well as leading direct investment, portfolio management and exits transactional activity, including IPO’s such as Genpact (NYSE: G); JV’s; litigation/restructuring; and GP and strategic funds (such as Healthymagination and Peacock Funds).
Prior to joining General Electric in 2006, Jonas practiced M&A, private equity, venture capital and securities law at S&C for seven years, with a focus on technology transactions. He was based in S&C’s California and London offices. Concurrently with his practice at S&C, Jonas taught Corporations at Pepperdine University as an adjunct professor.
Jonas graduated with honors from the University of California, Berkeley in 1995 with a BA in Cognitive Sciences and Philosophy, and he received a JD cum laude in 1999 from Harvard Law School, where he served as an articles editor of the Harvard Journal of Law & Technology. He and his wife, Elizabeth, have four girls, and live in Wellesley, Massachusetts.