At a glance
- Tonnos is also CFO of Soren Acquisition Corp. and Praetorian Acquisition Corp., two Nasdaq-listed SPACs sponsored by the office's principals.
- Tonnos is a six-time SPAC sponsor and was most recently a managing director at Roth Capital Partners, according to FO Pro.
- For the Miami single-family office of Arghavan and Justin Di Rezze, the appointment puts private-deal sourcing and listed-vehicle finance under one executive.
Di Rezze Family Office named Joseph Tonnos managing director to lead direct investments, effective Oct. 20, FO Pro — The Family Office Professional reported in a Nov. 9 deal round-up. Tonnos is also CFO of Soren Acquisition Corp. and Praetorian Acquisition Corp., two Nasdaq-listed SPACs sponsored by the office's principals.
Those two vehicles hold more than $500 million in trust between them. Tonnos is a six-time SPAC sponsor and was most recently a managing director at Roth Capital Partners, according to FO Pro. Retired Army Lt. Gen. Roger Cloutier Jr. joined both SPAC boards.
For the Miami single-family office of Arghavan and Justin Di Rezze, the appointment puts private-deal sourcing and listed-vehicle finance under one executive. That differs from an RIA selling family-office services to outside clients: the mandate here covers the family's own capital and the financing side of two listed vehicles its principals sponsor. Outside managers pitching the office reach one person whose responsibilities run from direct investments to the CFO seat at SPACs holding more than $500 million in trust, which makes the boundary between the two jobs the term to establish before a first meeting.
One reading of the structure, and it is only that: a single executive covering private-deal sourcing and listed-vehicle finance means the office's direct-investment pipeline and the SPACs' reporting and treasury work draw on the same hours. How Di Rezze splits that time is not something the appointment itself settles.
What the SPAC seats add
The CFO titles sit with vehicles sponsored by the office's principals rather than with the family office as an institution, a distinction that matters to anyone mapping who signs off on a commitment. The trust balances also give Tonnos a second pool of capital to work with, separate from whatever the office allocates to direct deals — a split the appointment does not quantify.
Tonnos's prior seat was at Roth Capital Partners, a placement that puts a one-time investment banker on the sourcing side of a single-family office. Whether that changes the office's appetite for earlier-stage or larger checks is the open question the hire leaves.
Reported by the Family Office News desk from FO Pro — The Family Office Professional. Published . Corrections