Clearlake Capital Strengthens Leadership Team
Clearlake Capital Group, L.P. (NASDAQ: CLEA), a well-established investment firm since its founding in 2006, is making significant progress in enhancing its leadership. The firm recently announced several senior appointments aimed at strengthening its O.P.S.® team, which focuses on operations, people, and strategy, highlighting Clearlake's dedication to excellence in these critical areas.
Bringing New Talent Onboard
To improve its operational capabilities and expand its global presence, Clearlake has welcomed a talented group of executives. Co-Founder and Managing Partner, José E. Feliciano, emphasized the importance of assembling the right team for the firm’s long-term growth. He pointed to the recent acquisition of MV Credit as a testament to how Clearlake is broadening its global capabilities to better serve its investors.
Notable Senior Appointments
Among the new members of the O.P.S.® team, several distinguished professionals have joined:
- Dave Beeston - Managing Director, who brings extensive experience from Fenway Sports Group, where he played key roles in growth and strategy.
- Karina Sobieski - Managing Director specializing in Human Capital, with previous leadership positions at major firms like Advent International and SoftBank Group.
- Madison Steinberg - Vice President of Tax, recognized for her expertise in M&A tax management from her tenure at Ernst & Young.
- David Neiman - Data Scientist Manager, who previously worked at EasyPay Finance, contributing data-driven insights to the O.P.S.® approach.
- Rishika Chandrupatla - Procurement Analyst, coming from Kaiser Permanente, where she enhances procurement initiatives.
- Cassandra Keys - ESG Analyst, who previously led social science initiatives at Westwood Greenway Inc.
Further Senior Appointments
Clearlake has also expanded its team beyond the O.P.S.® group, reflecting its ambition to improve various operational functions:
- Naveen Shahani - Principal on the investment team, who was formerly a Principal at Apollo Global Management.
- John Curran - Managing Director of Investor Relations, with prior experience as a Partner at LibreMax Capital.
- Mohamed El Fassi - Vice President of Investor Relations, joining from Goldman Sachs, bringing added depth to investor relations.
- Chris Cooper - Managing Director for Finance & Operations, previously at SoftBank Group International, who offers extensive knowledge in corporate finance.
- David Jacobs - Managing Director of Accounting, with a wealth of experience from Vista Equity Partners.
Recognizing Internal Talent
Alongside new hires, Clearlake values internal growth by promoting several existing team members to senior positions:
- Sean Courtney to Principal, who has been with Clearlake since 2015, focusing on software and consumer platforms.
- Dilshat Erkin to Principal, with expertise in the industrial and technology sectors since joining in 2014.
- Ben Kruger to Principal, who has been part of the firm since 2016, providing insights across multiple platforms.
- Kelvin Chang to Principal, Investor Relations, dedicated to expanding the Asian market since joining in 2022.
- Marcelia Freeman to Principal, Investor Relations, actively involved in raising capital for diversified investment vehicles.
- John Cannon to Managing Director of Portfolio General Counsel & O.P.S.® and Chief Compliance Officer, ensuring global compliance and risk management since 2019.
About Clearlake Capital Group
Founded in 2006, Clearlake Capital Group, L.P. is an investment firm that specializes in private equity, credit, and related strategies. The firm employs a sector-focused approach, collaborating with established management teams and providing capital to innovative businesses. Clearlake's O.P.S.® strategy emphasizes operational enhancements, primarily targeting the industrials, technology, and consumer sectors. With over $85 billion in assets under management, Clearlake’s investment team has been involved in numerous successful investments and initiatives. The firm operates from its headquarters and has affiliates in various global locations.
Media Contact
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Frequently Asked Questions
What is Clearlake Capital's primary focus?
Clearlake Capital primarily focuses on private equity and credit investments aimed at operational improvements across sectors such as technology and consumer goods.
Who were the notable new hires at Clearlake Capital?
Clearlake Capital recently announced several senior hires, including Dave Beeston, Karina Sobieski, and Madison Steinberg, all of whom bring extensive industry experience.
What is the purpose of the O.P.S.® team?
The O.P.S.® team at Clearlake is dedicated to enhancing operations, developing talent, and implementing strategic initiatives to drive growth.
How does Clearlake Capital promote internal talent?
Clearlake prioritizes internal promotions, recognizing and advancing employees who demonstrate leadership and significantly contribute to the firm's success.
How much capital does Clearlake Capital manage?
Clearlake Capital manages over $85 billion in assets, reflecting its strong performance and the confidence of its investors.
