NEW YORK, Dec. 4, 2014 /PRNewswire/ -- Certares LP is pleased to announce that Dhiren Fonseca has joined the firm as a Partner. In his new role, Mr. Fonseca will work closely with investment professionals throughout the firm to help generate consistent, long-term performance for Certares' investors.
"Dhiren's breadth of experience and distinguished track record at Expedia, Inc. present an invaluable opportunity for the firm," said Greg O'Hara, Founder and Managing Partner of Certares. "We are very pleased to have him join the team and look forward to the impact he will have on elevating our capabilities. His incredible background in Travel and Technology will be instrumental in creating superior performance for our investors and unique opportunities for our corporate partners and portfolio companies."
Mr. Fonseca joins Certares LP from a long and distinguished career in the online travel and software technology industries. He was a founding team member of Expedia.com and had a 19-year career with Expedia Inc, most recently serving as the Chief Commercial Officer. During his tenure with Expedia, he held numerous roles across the business including President of the Partner Services Group, managing all external facing supplier relationships and supplier technology across Expedia's entire brand portfolio. Prior to this Mr. Fonseca led Corporate Strategy and M&A at Expedia acquiring more than 20 companies and deploying in excess of US$2 billion of capital. Prior to the formation of Expedia, Mr. Fonseca held numerous positions at Microsoft Corporation in both the Product groups and the Corporate Sales organization, beginning his career at Microsoft in 1988.
Mr. Fonseca, currently sits on the board of directors for Alaska Airlines, Caesars Acquisitions Corporation and eLong.
About Certares
Certares LP is dedicated to long-term value creation by actively developing our investments. Through effective partnership with the management of our companies and direct alignment with our investors, Certares implements strategic and operational improvements to sustainably generate attractive returns on capital. Flexibility in investment approach and alignment with our business partners are key tenets of Certares' philosophy. These values distinguish Certares as a preferable partner for organizations seeking to transform their businesses.
Formed in 2012, Certares brings together a team of experienced Private Equity and Travel, Transportation, Hospitality and Payment Sectors veterans with decades of both operational and investment experience. This operational expertise enables Certares to grow the businesses into which we invest and unlock their full potential. Certares' permanent capital structure and sector focus allows for flexibility in structuring transaction solutions and gives partners and sellers freedom to achieve their objectives while allowing Certares to move at unparalleled speed.
Certares is headquartered in New York, NY.
For additional information, please visit the Company's website www.certares.com.
Certares
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SOURCE Certares
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