Rotunda Capital Partners Announces Promotions of Rona Kennedy and Rohit Dhake
BETHESDA, MD AND EVANSTON, IL / / March 4, 2025 / Rotunda Capital Partners ("Rotunda"), an operationally focused private equity firm that partners with family-founder owned businesses, is proud to announce the promotions of Rona Kennedy to Partner, Chief Financial Officer, and Chief Compliance Officer, and Rohit Dhake to Managing Director. These promotions reflect their exceptional leadership, expertise, and commitment to Rotunda's values.
Since joining Rotunda in 2019, Rona has been a driving force behind the firm's financial management and compliance initiatives. Her strategic oversight has strengthened internal processes, enhanced operational efficiency, and helped maintain regulatory compliance, positioning Rotunda for future growth. Rona also founded Rotunda's Women in Leadership (WIL) group in 2022 with a mission to share resources, set personal and professional goals, and foster growth within the firm and across the portfolio.
Rohit, our first employee in 2016, has played a critical role in building Rotunda primarily through investment execution and portfolio management. His deep understanding of thematic sourcing, deal structuring and value creation has helped Rotunda partner with and scale middle-market Rotunda portfolio companies.
"Rona and Rohit have been key contributors to Rotunda's growth and success," said John Fruehwirth, Managing Partner. "Their expertise and leadership will continue to shape the firm's future, and we are excited to see them take on these expanded roles."
About Rotunda Capital Partners
Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, business & residential services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.
Contact Details
Rotunda Capital Partners
Margaux Valle+1 240-962-1707PR@rotundacapital.com
Company Website
https://www.rotundacapital.com
SOURCE: Rotunda Capital Partners
View the original press release on ACCESS Newswire
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
07-05-2025
- Business Upturn
Rohit Sharma announces retirement from Test cricket
India's cricketing landscape witnessed a seismic shift on Tuesday evening as Rohit Sharma announced his retirement from Test cricket, moments after media reports claimed he had been sacked as India's red-ball captain ahead of the England tour. Taking to Instagram, Rohit shared a heartfelt post alongside a photo of his India Test cap (No. 280), stating, 'It's been an absolute honour to represent my country in whites. Thank you for all the love and support over the years. I will continue to represent India in the ODI format.' Rohit's announcement comes on the heels of a report by The Indian Express, which stated that the Ajit Agarkar-led selection committee had already informed the BCCI of its decision to move on from Rohit's leadership in Tests, citing poor recent performances. India lost five of their last six Tests under Rohit's captaincy, including at home to New Zealand and away in Australia. He even dropped himself from the playing XI for the final Test in Sydney. Though Rohit scored 4,301 runs in 67 Tests, including 12 centuries and 18 fifties, his form in the latter part of his career dipped significantly. His average of 40.57 does little justice to the explosive start he made in red-ball cricket. While he may no longer lead the side in whites, Rohit is expected to continue as India's ODI captain and may still travel to England as a specialist batter. His decision marks the end of a memorable Test career, but also sparks questions on who will take over India's Test leadership next. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Wire
06-05-2025
- Business Wire
Rotunda Capital Partners Closes Oversubscribed Fund IV at $735 Million
BETHESDA, Md. & EVANSTON, Ill.--(BUSINESS WIRE)--Rotunda Capital Partners ("Rotunda"), an operationally oriented private equity firm focused on industrial businesses, is pleased to announce the successful closing of Rotunda Capital Partners Fund IV, L.P. ('Fund IV') with total capital commitments of $735 million. Fund IV was significantly oversubscribed, closing well above its target of $550 million as well as the initial hard cap. The predecessor fund, Rotunda III (2022 vintage), had total commitments of more than $405 million. On behalf of the firm, Managing Partners John Fruehwirth, Dan Lipson, Corey Whisner and Bob Wickham commented: 'We are humbled and proud to see the confidence the investors showed for our investment strategy of sourcing family-founder led companies and then applying our deep data and analytics approach to help them grow while driving operational improvements. We are especially grateful for our existing investors' strong continued support and thankful for the resounding interest from new, high-quality investors, especially given the current market fundraising dynamic. Fund IV investors included US and global institutional investors such as pension funds, asset managers, fund of funds, endowments, foundations, health systems and insurance companies as well as family offices and former RCP portfolio company executives.' Fund IV completed its first investment Capital Machine Technologies, Inc. ('CMT'). CMT was sourced thematically and is a distributor and repair service provider of metal fabrication machinery including press brakes, robotic welders, metal cutting machinery, and other equipment to US manufacturers across the Southeast and Midwest. Campbell Lutyens served as global placement agent and Kirkland & Ellis LLP acted as fund counsel. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, business & residential services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit
Yahoo
21-04-2025
- Yahoo
Google, Meta antitrust: Fmr. CFPB director explains what's next
Meta Platforms (META) and Alphabet's (GOOG, GOOGL) Google face ongoing cases with antitrust regulators in the US. Former commissioner of the Federal Trade Commission (FTC) and former director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, joins Morning Brief with Brad Smith and Madison Mills to discuss the antitrust cases. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Where do you anticipate this going? Is is there a likelihood here of Google being broken up? Well, I think what everyone agrees with is that we're all better off when the internet is free, fair, and really open for new business. And we wouldn't have a Google or a Facebook if there was not anti-trust action against Microsoft a generation ago. So where Google stands is, it's essentially been told it's guilty on two fronts, uh including a really important part of our economy, which is online ad sales. So, the judge has ruled that Google has engaged in an illegal monopolization scheme, and now the next step is to determine how to restore fairness in this market. We all want to see advertisers get a competitive rate for their online ads, and we also want to see local media and small content creators be able to monetize. And Google has been taxing both sides, and the court will now determine how to fix that. You know, Rohit, I I was taking a look at what the remedies proposal looks like coming forward from Google and and I'm sure you've already kind of dove into this as well. And and I just wonder of the remedies that they're talking about with regard to browser agreements and and Android contracts as well, and then the third prong of it, which was oversight and compliance, which allows them essentially to retain that oversight and compliance but do some more regular reporting from my own kind of summation of it without giving the government's kind of excessive oversight into it. Does that check any of the boxes that are being put forward here in these proceedings? Well, as you can tell, Google has all sorts of ways in which it has inserted contract clauses or otherwise wielded its power. Big picture, we know that spin-offs can be a really important part of this. In the ad network case, it's almost as if it's the equivalent if a large investment bank owned the New York Stock Exchange. That's how Google's ad business works, and search, it's a little bit different. So, what I'd like to see is really a hard look at spin-offs. Often spin-offs can create a lot of investor value and value to consumers and businesses, and I'd also like to see that any type of contractual clauses that are coercive are not able to be enforced by Google. This will help bring us back to an internet that was more open protocols where everyone can jump in. Rohit, you cast the deciding vote to initiate this meta trial back when you were at the FTC. Do you believe that that meta was engaging in a buy or bury scheme? And what is your best estimation then of where this trial ends? If you think that that is how the court will decide meta has been handling things. Well, that original vote was around five years ago, and that was after years of investigation. And what the investigation revealed was Facebook really was scrambling when mobile took off, and they saw Instagram and other apps really eating their lunch when it came to new ways to connect through mobile. And rather than actually devoting the money and expertise to innovate, they just bought those apps off, or if they wouldn't sell, um, they would use all sorts of mischief to make sure that they couldn't get traffic through Facebook. So to me, this is pretty off off the rails. We want technology companies to offer better and better services to consumers, to increase privacy protections, to not load their apps with scammy ads. And what we sometimes see is the big guys are threatened by the upstarts and they want to take them out. So that's what we're seeing and learning in this trial. We're even seeing in Mark Zuckerberg's own words, him being very clear in writing about this scheme. And so the trial will play out and I hope this is a signal to existing big tech companies that this type of conduct is illegal.
