Ron Frasch has joined private equity firm Castanea Partners as an operating partner.
In his new role, Frasch will help Brian Knez and Rob Smith, the founders of the Newton, Mass.-based firm, identify new investment opportunities. Frasch’s focus will be on the luxury space, which includes apparel, accessories, footwear and jewelry.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"