# Rhône Group

Rhône Group is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 630 Fifth Avenue Suite 3110, New York, NY 10111, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** www.rhonegroup.com
- **LinkedIn:** https://www.linkedin.com/company/rhone-group

## Regulatory record

- **CRD number:** 161731
- **SEC file number:** 801-74228
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161731

## About

Rhone Group is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $8.2 billion in regulatory assets. It has 35 employees and 18 investment advisers.

## Sectors

- Business Services
- Consumer
- Industrial Tech
- Real Estate

## Offices

- London, United Kingdom
- Madrid, Spain

## People

- Robert F. Agostinelli — Managing Director & Co-Founder
- M. Steven Langman — Managing Director & Co-Founder
- Franz-Ferdinand Buerstedde — Managing Director
- Lucas Flynn — Managing Director
- Jon Hoffman — Managing Director & Head of Investor Relations
- Marianne Kirkegaard — Managing Director
- Patrick Mundt — Managing Director
- M. A. Steiner — Managing Director & Chief Legal Officer
- José Manuel Vargas — Managing Director

## Questions

### Who runs investment decisions at Rhône Group?

The 9-person Managing Director group leads investment decisions jointly. Co-founders Robert F. Agostinelli and M. Steven Langman remain actively involved alongside the other seven Managing Directors, operating as a single partnership across New York, London, and Madrid. The firm has not designated a separate CIO, maintaining its flat partnership structure since 1996.

### How does Rhône Group source proprietary deal flow?

Rhône sources through its balanced transatlantic team, where investment professionals in New York, London, and Madrid operate as one integrated unit rather than regional silos. The firm explicitly targets carve-out acquisitions from multinational corporations and generational transitions with founding families — relationship-intensive processes that rarely surface in broad auctions. Senior advisors with extensive regional networks supplement the core partnership to identify opportunities before competitors.

### Does Rhône Group participate in fund commitments or only direct deals?

Rhône structures itself as a direct private equity investor, taking control or significant influence positions in transatlantic middle-market businesses. The firm does not market itself as a fund-of-funds nor publicly disclose commitments to third-party managers. Its capital-raising track — over €10 billion raised — reflects closed-end fund structures designed for direct corporate and family-held investments.

### Which sectors does Rhône Group focus on?

Rhône invests primarily across business services, consumer, and industrial sectors. Portfolio examples span chemicals and materials (ASK Chemicals, RHI Magnesita), food and beverage (Illy, Baker & Baker, Freddy's Frozen Custard & Steakburgers), fitness equipment (Wahoo), industrial products (Copperweld, Fluidra), aviation (Vista Global), and technology-enabled process industries (Lummus Technology).

### How is the firm's transatlantic structure different from typical middle-market private equity?

Rhône deliberately balances its senior investment team and deal professionals evenly between North America and Europe, operating under a single profit center rather than regional P&Ls. This architecture gives it parallel execution capability in markets most middle-market firms address sequentially, with all Managing Directors sharing economics from a unified pool — reducing internal competition for resources and attention between continents.

## Related profiles

- [Rhône-Alpes PME Gestion](https://altss.com/profile/rh-ne-alpes-pme-gestion)
- [Rhone VC](https://altss.com/profile/rhone-vc)

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Last updated: 2026-06-03T20:00:00.000Z

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