Runde & Co. LLC

The firm is led by David Runde, founder and managing member. The specific investment committee or CIO structure is not publicly disclosed, but the firm emphasizes a senior-led, relationship-driven approach to sourcing and structuring deals for its family clients.

Runde & Co. sources deal flow through its principals' established relationships with mid-market private equity firms, asset managers, and investment banks. The firm does not rely on intermediary platforms or broadly syndicated offerings — it targets off-market or lightly marketed opportunities in private credit, infrastructure, and real assets.

Runde & Co. operates as a multi-family office advisory platform, not a single family office or venture capital firm. It structures custom investment vehicles for a small number of families, earning advisory and co-investment fees rather than committed management or carry from a commingled fund.

The firm primarily arranges direct co-investments and custom SPVs for its clients, rather than making blind-pool fund commitments. It has been observed to co-invest alongside institutional managers like Cerberus and Apollo on specific transactions (per public record).

Runde & Co. focuses on mature, cash-flow-generating assets — typically in private credit, infrastructure, energy transition, and real estate. The firm does not appear to target early-stage venture or growth equity investments.

The firm actively arranges co-investments alongside external general partners, often in private credit and real asset strategies. It structures direct sidecar investments for its family clients rather than participating as a limited partner in commingled funds.

The firm does not publicly disclose the identity or wealth origin of its client families. Based on the firm's focus on private credit and real assets, the families are likely long-established multi-generational wealth from sectors such as real estate, industrials, or financial services.