# Conormara Investments

Conormara Investments is a Single Family Office based in Indianapolis, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** Indianapolis, IN, United States
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** conormara.com
- **LinkedIn:** https://www.linkedin.com/company/kennedy-group-consulting

## Regulatory record

- **Reports private funds:** No

## About

Ray Kennedy established Conormara Investments in 2006 after his career at Delta Faucet Company. The office manages family capital generated from building-products manufacturing. Mary Kennedy served as matriarch until her death in 2026. The firm executes direct private investments, real estate purchases, and select operating company acquisitions. It covers buyout and growth stages through co-investments and SPVs. Activity centers on lower-middle-market businesses in North America. Confirmed holdings include a Midwest commercial real estate portfolio. No public data exist on assets under management or headcount. The office maintains philanthropic ties to the University of Notre Dame through multiple endowed funds. Ray Kennedy holds board roles at St. Joseph Institute for the Deaf and membership in the Palm Beach Hedge Fund Association.

## Sectors

- EdTech

## People

- Ray Kennedy — Founder
- Mary Kennedy — Family Member

## Questions

### Who runs investment decisions at Conormara Investments?

Ray Kennedy directs investment decisions as founder. No additional investment professionals are named in public records.

### Does Conormara Investments participate in fund commitments or only direct deals?

The firm focuses on direct private investments, real estate, and operating company acquisitions rather than fund commitments.

### What investment stages does Conormara Investments typically target?

Activity centers on buyout and growth opportunities in lower-middle-market companies.

### How is Conormara Investments related to Delta Faucet Company?

Delta Faucet Company supplied the original family wealth; Ray Kennedy held a senior leadership role there before founding the office.

## Related profiles

- [Connelly Group of Companies](https://altss.com/profile/connelly-group-of-companies)
- [Coomber Family Estates](https://altss.com/profile/coomber-family-estates)

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Last updated: 2026-08-10T15:54:10.904Z

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