Karan Rai

Managing Partner

Karan Rai is Founder and Managing Partner of ASGARD Partners & Co. Karan has a deep passion for fixing, growing, and investing in small and medium sized companies. He loves working with entrepreneurs and inspired leaders who are building purpose driven companies.

Before starting ASGARD, Mr. Rai was the CEO of Theodor Wille Intertrade (TWI), a multinational company that provides a range of supply chain solutions for U.S. Government agencies and the prime contractors who support them.

Previously, Karan was the President of ADS, Inc., a leading specialty distributor and supply chain solutions provider, serving all branches of the Department of Defense. At ADS, Mr. Rai led the company’s turnaround efforts and helped grow ADS into a $1.5+ billion dollar global organization.

Prior to joining ADS, he worked in JPMorgan Chase & Co.’s Investment Banking Group in New York, where he originated and structured over 50 deals during his tenure as a banker. During that time, Karan helped structure private equity deals for companies like Huish, Colt Defense, Wyle, Armored AutoGroup, as well as recapitalizations and financing deals for large public companies such as Macy’s, Limited Brands, B/E Aerospace, and JBS.

Karan earned an MBA with concentration in Finance and Strategy from Yale University’s School of Management.  He is also an aviation enthusiast and is an instrument rated pilot with over 600 hours of flight time.