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Ara Partners appoints 3 new members to senior investment team

Midmarket private equity firm Ara Partners appointed Cory Steffek, Grant Haddix and James Wang to its senior leadership.

Steffek will serve as managing director, Haddix as operating partner and Wang as principal.

Steffek recently served as the managing director for North America at Saudi Aramco Energy Ventures LLC, Aramco's corporate venturing unit.

Haddix most recently led the development of Shell Chemicals' Enhanced Oil Recovery surfactants business.

Wang recently served as vice president at global energy-focused private equity firm First Reserve.