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Runde & Co. LLC
Runde & Co. LLC was established as a multi-family office advisory firm serving a select group of families, with origins tied to principal David Runde,...
Runde & Co. LLC
Runde & Co. LLC was established as a multi-family office advisory firm serving a select group of families, with origins tied to principal David Runde, though the firm does not publicly disclose founding year or wealth origin. The firm operates out of New York with a lean team, prioritizing discretion over marketing. The firm's strategy centers on private credit, infrastructure, energy transition, real estate, and hedge funds, often arranging direct co-investments and club deals for its family clients. Runde & Co. is known to source proprietary deal flow through longstanding relationships with mid-market private equity firms and asset managers, avoiding broadly syndicated opportunities. Confirmed past co-investment partners include funds managed by Cerberus Capital Management and Apollo Global Management (per public record). Geographic focus is primarily North America, with selective exposure to Western Europe. Team size and total assets under advisory are not publicly disclosed. The firm does not manage commingled pooled vehicles; instead it structures custom special-purpose vehicles (SPVs) for each engagement. There is no public record of a separate philanthropic foundation or operating company. Runde & Co. differentiates through its governance architecture: it acts as a gatekeeper and structuring agent rather than a discretionary manager, earning fees on deal-by-deal advisory and co-investment. This structure keeps the firm aligned with families that want direct exposure and control, not fund-of-funds intermediation.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Runde & Co.?
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.
How does Runde & Co. source proprietary deal flow?
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.
Is Runde & Co. structured as a single family office or does it operate more like a venture firm?
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.
Does Runde & Co. participate in fund commitments or only direct deals?
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).
What investment stages does Runde & Co. typically target?
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.
What is Runde & Co.'s known posture on co-investments alongside external GPs?
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.
Where does the underlying wealth come from for the families Runde & Co. serves?
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.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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