In brief: KKR principal moves to impact firm

Manasi Desai has joined Ara Partners, an impact buyout firm focused on decarbonising the industrial sector.

Impact firm Ara Partners has recruited former KKR principal Manasi Desai as vice-president, the firm said. Houston-based Desai most recently worked in KKR’s energy vertical. Ara is a buyout firm that invests in decarbonisation solutions for the industrial sector. Its second flagship fund closed at $1.1 billion in 2021, having set a $650 million target. The firm is also raising an infrastructure strategy.