UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                  Form 13F

                             Form 13F COVER PAGE


Report for the Calendar Year or Quarter Ended: March 31, 2009.

Check here if Amendment [ ]; Amendment No.:
This Amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    Rho Capital Partners, Inc.
Address: 152 West 57th Street
         23rd Floor
         New York, New York 10019

13F File Number:  28-5883

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:   Peter E. Kalkanis

Title:  Chief Financial Officer

Phone:  212-751-6677


/s/ Peter E. Kalkanis     New York, New York   Dated: May 14, 2009.


Report Type (Check only one.):

[X] 13F HOLDINGS REPORT.

[ ] 13F NOTICE.

[ ] 13F COMBINATION REPORT.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.



                            FORM 13F SUMMARY PAGE


Report Summary:


Number of Other Included Managers:          0

Form 13F Information Table Entry Total:     9

Form 13F Information Table Value Total:     $25,948
                                           (thousands)



List of Other Included Managers:


Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.



       NONE










                                                  FORM 13F INFORMATION TABLE

                                            Value      Shares/   Sh/ Put/  Invstmt       Other     Voting Authority
Name of Issuer     Title of Class  CUSIP    (x$1000)   PrnAmt    Prn Call  Discret       Mngrs     Sole  Shared None

                                                                                

ACTIVE POWER INC        COM      00504W100     1,755  2,925,306   SH       Sole          2,925,306
CYBERONICS, INC.        COM      23251P102     3,149    237,309   SH       Sole            237,309
GENVEC, INC.            COM      37246C109     1,484  3,373,403   SH       Sole          3,373,403
MIDDLEBRK PHARMA        COM      596087106     6,617  4,865,709   SH       Sole          4,865,709
NITROMED INC            COM      654798503     4,086  5,376,566   SH       Sole          5,376,566
SENOMYX INC             COM      81724Q107       331    208,155   SH       Sole            208,155
TEMPLTN DRAGON FND      COM      88018T101     6,586    370,190   SH       Sole            370,190
VANDA PHARMACEUT        COM      921659108       504    560,396   SH       Sole            560,396
VERENIUM CORP           COM      92340P100     1,436  4,952,934   SH       Sole          4,952,934