HOUSTON, Jan. 18, 2022 /PRNewswire/ -- Ara Partners
("Ara"), a private equity firm that specializes in industrial
decarbonization investments, today announced the promotion of
James Wang to Managing Director and
Mary Kathryn Nommensen to Senior
Associate.
"We are proud of the strength of the team that we have built at
Ara and delighted to announce the promotions of James and Mary Kathryn," said Troy Thacker, a Managing Partner at Ara. "Both
investment professionals exemplify our firm's commitment to its
investors. We look forward to their continuing contributions
as we strive to create value while making a significant
decarbonization impact in essential industries."
Mr. Wang joined Ara as a Principal in July 2018 and has been instrumental in
transaction execution, sourcing, portfolio management, and
investment realization. He has played a critical role in the firm's
investments in Centric Infrastructure Group, Priority Power, Path
Environmental Technology, Anesco and Fluitron. Mr. Wang has more
than thirteen years of experience as a private equity investor.
Prior to joining Ara, he worked at First Reserve, a global private
equity investment firm. He began his career in the Global Natural
Resources Group, Investment Banking Division, at Lehman Brothers.
Mr. Wang holds a Bachelor of Business Administration and a MPA from
the University of Texas, Austin.
Ms. Nommensen joined Ara as an Associate in October 2020 and has played a key role in
transaction execution and portfolio management, covering Repeats
Group, Circulus, Anesco and Utility Global. Prior to joining Ara,
she worked in the Lower Middle Market investment division of Main
Street Capital Corporation. Ms. Nommensen holds a Bachelor of
Business Administration, with honors, from the University of Texas, Austin.
"It is a pleasure to announce these well-earned promotions and
celebrate their commitment to excellence and the values of our
firm. The professional achievements of these individuals are
indicative of the breadth and depth of our team," said Tuan Tran, a Partner at Ara. "Since joining
the firm, James and Mary Kathryn
have led significant initiatives on several transactions and
portfolio companies. They have been instrumental in driving firm
best practices and Ara's team-oriented culture, and we look forward
to their continued contributions to Ara's success."
About Ara Partners
Ara Partners is a private equity firm specializing in industrial
decarbonization investments. Ara Partners invests in the industrial
& manufacturing, chemicals & materials, energy efficiency
& green fuels and food & agriculture sectors, seeking to
build businesses that provide significant decarbonization
impact. It operates from offices in Houston,
Texas, Boston, Massachusetts, and Dublin,
Ireland. Ara Partners closed its
second fund with approximately $1.1 billion in capital
commitments in September 2021. For more information on
Ara Partners, please visit www.arapartners.com.
Contacts
Mark Semer /
Alex Jeffrey
Gasthalter & Co. LP.
arapartners@gasthalter.com
(212) 257-4170
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SOURCE Ara Partners