Rho Capital names private equity head

Michael Batal is taking charge of the New York firm’s global private equity operations.

New York-based Rho Capital Partners has appointed Michael Batal to manage Rho Private Equity.

 

Batal will focus on co-investments in private equity and growth situations on a global basis. Rho Private Equity typically will make investments ranging from $5 million to $15 million in a broad range of industries.

 

Prior to joining Rho, Batal was a senior vice president and partner at Citigroup Private Equity. He also spent twelve years with Bankers Trust, where he was a managing director and partner at BT Capital Partners.

 

Rho Private Equity is a division of Rho Capital Partners, an investment firm that manages more than $2 billion in capital for institutions and wealthy families. Rho Capital’s activities include venture capital investing in information technology, communications and healthcare, as well as investing in private equity funds, venture capital funds and public securities.