Dragonfly Expands Leadership With Two New Partners
The firm appoints two new managing partners to lead its $650 million fund and coordinate growth across its global offices.
Updated on Oct. 28, 2026 in Startups
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Dragonfly has expanded its leadership team by appointing Rob Hadick and Tom Schmidt as managing partners. The firm, which maintains offices in New York City and Singapore, now operates with a four-person leadership group.
Why it matters
This leadership expansion follows the launch of Dragonfly's $650 million fourth fund in February 2026. The move reinforces the firm's management capacity as it continues to invest in financial and market-focused companies.
Dragonfly deploys capital through a $650 million fund, with individual investment checks typically ranging from $3 million to $30 million. These investments cover startups from seed rounds through Series B and later stages.
The players
Rob Hadick
A managing partner at Dragonfly who manages investment activities for the firm's money and markets-focused portfolio.
Tom Schmidt
A managing partner at Dragonfly who focuses on the firm's capital allocation across seed to Series B stages.
Dragonfly
A global venture capital firm with offices in New York City and Singapore that targets financial and market technology companies.
The details
Dragonfly operates as a venture capital firm focusing on businesses within the money and markets sector. The leadership team, now comprising Rob Hadick, Tom Schmidt, Haseeb Qureshi, and Bo Feng, oversees operations across the firm's New York City and Singapore offices. The firm maintains this structure to manage its portfolio of investments that span early-stage seed rounds to mature Series B and later-stage companies.
Timeline
In February 2026, Dragonfly launched its fourth $650 million fund.
As of October 2026, Rob Hadick and Tom Schmidt serve as managing partners.
The Tech Race
The leadership expansion at Dragonfly follows the February 2026 launch of its fourth $650 million fund, marking a scaling of management resources alongside capital deployment. This move positions the firm to maintain its investment pace within the competitive market-focused venture capital landscape.
Founders seeking investment from Dragonfly will now interact with a four-person managing partner group. The firm maintains its established investment threshold of $3 million to $30 million per deal.
The takeaway
The move signals a maturation of Dragonfly's internal governance following the closure of its fourth fund. Observers should track the firm's capital deployment patterns through 2027 to see if the new leadership group influences sector-specific investment priorities.
Further reading
For more on evolving venture capital models, visit the Startups section.
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