Parth Desai has stood down as an investment manager at NewYork-Presbyterian Ventures to offer his healthcare business acumen to venture capital firm Flare Capital Partners.

Parth Desai (pictured) has left the investment team of NewYork-Presbyterian Ventures, the innovation vehicle for US-based healthcare provider NewYork-Presbyterian, to join venture capital firm Flare Capital Partners as a health-focused senior associate.

Desai was with NewYork-Presbyterian Ventures from January 2018 until earlier this month, leading investments for NewYork-Presbyterian in two smart medical assistant-focused companies – Saykara and Syllable – as well as enterprise automation software publisher WorkFusion.

Prior to standing down, Desai had been promoted from senior associate to manager.…