Kranz Consulting Announces the Promotion of Vidhi Kanoongo to Practice Lead, Venture Capital Fund Administration

Kranz Consulting, an Addison Group company, has named Vidhi Kanoongo its newest Practice Lead of Venture Capital Fund Administration, effective Monday, Feb. 13, 2023. Kanoongo will oversee the day-to-day operations of the Venture Capital Fund Administration Practice, working closely with clients to ensure their needs are being met and will be instrumental in developing new strategies to enhance the firm’s offerings. 
Kranz has successfully served over 1,000 start-ups and Venture Capital investors, earning itself a reputation for turning entrepreneurial innovation into superior valuations. Kranz offers various strategic accounting and finance services with full back-office support to venture capital firms, crypto funds, and special-purpose vehicle entities to help companies scale, expand, and evolve.
Kanoongo brings her extensive knowledge of the valuation of privately held investments and a proven track record of excellence in client service and successful team development into her new role. Kanoongo specializes in the accounting and audit needs of private equity, venture capital, fund of funds, and business development companies. She has served clients focusing on different investment strategies — equity, debt, crypto and fund of funds.
Vidhi Kanoongo spoke of her promotion: 
“I have always strived to provide exceptional client service and build a strong team. I joined Kranz over four years ago with the desire to continue on this journey that I began in Big Four public accounting. I am honored to be named the Practice Leader for our Venture Capital Fund Administration team, and I thank our firm’s leadership team for giving me this opportunity and trusting me to succeed. Having worked in this industry for many years, I am excited to bring my expertise to lead our talented team. I look forward to working side by side with our clients to enhance our offerings and develop new strategies to help them overcome challenges, remove barriers, look toward the future, and sustain success.” 
Kranz naming a new Practice Lead highlights its commitment to additional resources towards expanding its Venture Capital partnerships and its intention to remain the trusted third-party expert for the best solutions to complex challenges. 
Quote from Daryl Dobrenz, Chief Executive Officer: 
“Vidhi is a consummate professional with exceptional accounting, analytical, and leadership skills, and she has been a tremendous asset to Kranz during her over four-year tenure with us. Vidhi has been focusing on managing and performing accounting functions and investor reporting for multiple venture capital funds, general partner entities, and management companies. In her role as Practice Lead, Venture Capital Fund Administration, Vidhi will have an even greater opportunity to expand the Practice and help our Kranz clients scale, thrive, and grow.” 
Source: Kranz Consulting