Cleveland, OH – March 30, 2010– Key Principal Partners Corp. (KPP), a $1 billion private investment firm, announced today that it has promoted Patrick Rond to Vice President.
“Pat’s continued hard work has contributed to KPP’s position as one of the most successful investors of junior capital in the middle market,” said John Sinnenberg, Chairman of KPP. “Starting at KPP as an Analyst, Pat is emblematic of our philosophy of promoting from within.”
Mr. Rond joined Key Principal Partners in July 2002 from ABN AMRO in New York, where he was an Analyst in the investment banking division. Prior to ABN, Mr. Rond worked in the telecommunications investment banking groups at Furman Selz and ING Barings in New York. Mr. Rond received his B.S.B.A. in Finance with honors from John Carroll University and his MBA from the Wharton School at the University of Pennsylvania.
About Key Principal Partners
Key Principal Partners (KPP) is a $1 billion private investment firm that provides expansion capital to profitable middle-market companies with at least $30 million in revenue. The firm has the flexibility to provide any combination of subordinated debt, preferred equity and/or common equity in either non-control (minority ownership) or control (majority ownership) positions. KPP can invest between $10 million and $40 million to facilitate the growth, acquisition, refinancing, deleveraging or liquidity needs of private company owners and their management teams. Affiliated with KeyCorp, KPP is headquartered in Cleveland, and has additional offices in Greenwich, and San Francisco.