José E. Feliciano
José E. Feliciano | |
|---|---|
| Alma mater | Princeton University Stanford Graduate School of Business (M.B.A.) |
| Occupations | Co-founder and Managing Partner, Clearlake Capital |
| Spouse | Kwanza Jones |
José E. Feliciano is a Puerto Rican-born American businessman and investor. He is the co-founder and managing partner of investment firm Clearlake Capital. According to Forbes, Feliciano has a net worth of $4.4 billion as of April 2025.[1] Feliciano was first placed on Forbes’ Forbes 400 and Forbes Billionaires lists in 2020.[2]
Early life and education
Feliciano was born in Bayamón, Puerto Rico.[3][4][5] He graduated from Princeton University with a degree in mechanical and aerospace engineering in 1994, and received his MBA from the Stanford Graduate School of Business.[6]
Career
Feliciano started his career in investment banking in the mergers and acquisitions and corporate finance groups at Goldman Sachs.[7] He served as chief financial officer at govWorks and was a Partner at Tennenbaum Capital, an alternative investment management firm.[7][8][9] In 2006, Feliciano and Behdad Eghbali co-founded Clearlake Capital.[3]
Feliciano's Clearlake Capital is the 12th largest private equity firm in the world, having overseen more than $45 billion in capital. Notable portfolio clientele include Alteryx, Dun & Bradstreet, and ModMed.[10][11][12][13]
In May 2022, a consortium of investors co-led by Clearlake closed its acquisition of Chelsea Football Club for over £4.25 billion.[3] Feliciano serves on the boards of several Clearlake portfolio companies, including Chelsea Football Club and WellPet.[14][7]
Feliciano's interest in sports has driven some of Clearlake Capital's investments, most notably with the acquisition of Chelsea Football Club. Feliciano has described similarities between the disciplines of sports and business, emphasizing the importance of teamwork, strategy, and execution in achieving success in both arenas.[15]
In 2022 and 2023, the Los Angeles Business Journal named Feliciano one of the wealthiest Angelenos in Los Angeles.[4][16]
Feliciano has seen firm assets gain to over $90 Billion in 2025 and are expected to continue to increase, as Feliciano and partners have launched Clearlake Credit to increase private and liquid credit investments.[17][18]
Personal life & Philanthropy
Feliciano is married to Kwanza Jones, an artist and Princeton alumna, and the couple co-founded Kwanza Jones & José E. Feliciano Supercharged Initiative, a philanthropic grant-making organization.
In 2017, Clearlake Capital and the Kwanza Jones & José E. Feliciano Supercharged Initiative committed to match donations up to $500,000 for Puerto Rico disaster relief following Hurricane Maria.[19] Clearlake Capital and the Kwanza Jones and José E. Feliciano Supercharged Initiative were the anchor sponsors focused on supporting recovery and rebuilding efforts on the island.[20][21]
In 2019, Feliciano and Jones made a $1 million gift to Bennet College, one of the single largest grant's in the college's history. In 2020, Feliciano and Jones announced a $20 million gift to Princeton in support of access and inclusion.[22][23][24] From 2017 to 2025, Feliciano and Jones have committed over $200 million in contributions to these groups and others, including the Stanford Graduate School of Business, where Feliciano has been named a Trustee.[25][26][27]
In July 2021, Feliciano was named one of four winners of the Robert F. Kennedy Human Rights Award.[28][29]
In May 2023, Princeton unveiled two residence halls named after Feliciano and his wife, the first buildings in Princeton's history named after Black and Latino donors.[30]
Feliciano serves on the board of directors of Cedars-Sinai Medical Center, the Robert Toigo Foundation and Robert F. Kennedy Human Rights. He is also a trustee of the J. Paul Getty Trust, Stanford University and the Smithsonian's National Museum of the American Latino, and is on the board of directors for LA28, the Olympic and Paralympic Games Los Angeles 2028.[28][31][32]
References
- ^ "José E. Feliciano". Forbes. Retrieved 2025-11-10.
- ^ "Newcomers: These 18 Billionaires Join The Forbes 400 List In 2020". Forbes. Retrieved 25 March 2024.
- ^ a b c Gara, Antoine (7 May 2022). "Clearlake, the US buyout group behind the Chelsea bid". Financial Times.
- ^ a b "22. José E. Feliciano". LA Business Journal. 2 October 2023.
- ^ "Chelsea owner Feliciano emphasizes diversified portfolio amid uncertainties - Pulse by Maeil Business News Korea". pulsenews.co.kr. Retrieved 2024-02-22.
- ^ "Princeton's Student Body Will Expand After $20 Million Gift From Artist Kwanza Jones And Private Equity Executive José Feliciano". Forbes.
- ^ a b c Fifield, Dominic. "Who are the nine members of Chelsea's new board?". The Athletic.
- ^ "KKR Execs Join Mayfield To Lead Gov Works". Buyout Insider.
- ^ "Ep. 43 José E. Feliciano, Co-Founder & Managing Partner, Clearlake Capital Group". Investors & Operators. Retrieved 2025-11-10.
- ^ Millward, Wade Tyler. "Data Analytics Provider Alteryx Agrees To $4.4B Sale In 2024". www.crn.com. Archived from the original on 2024-12-06. Retrieved 2025-11-10.
- ^ "The Largest Private Equity Firms in the World | PEI 300". Private Equity International. 2025-06-02. Retrieved 2025-11-10.
- ^ Rychlewski, Aaron Weitzman,Claire (2025-03-03). "Clearlake buys ModMed stake from Warburg, valuing company at $5.3B". Axios. Retrieved 2025-11-10.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "Software firm Alteryx to be taken private in $4.4 bln deal". Reuters. December 18, 2023.
- ^ "2023 Leadership Summit Speaker José E. Feliciano". The Alumni Society. Retrieved 14 March 2024.
- ^ Executive, Hispanic (2023-11-01). "Movers and Shakers: José E. Feliciano". Hispanic Executive. Retrieved 2025-11-10.
- ^ "24. José Feliciano". LA Business Journal. 9 September 2022. Retrieved 23 February 2024.
- ^ Kehnscherper, Leonard (May 6, 2025). "Clearlake Seeks to Triple Assets at Credit Unit to $100 Billion". Bloomberg.com. Retrieved 2025-11-10.
{{cite news}}: CS1 maint: url-status (link) - ^ Schneider, Ellen (May 11, 2025). "AI, Lender Tussles Amongst Biggest Risks Seen in Private Credit". Bloomberg. Retrieved 2025-11-10.
- ^ "Private Equity Investors Fundraise for Puerto Rico Disaster Relief". Middle Market Growth. 13 October 2017. Retrieved 30 March 2024.
- ^ "Private Equity Leads the Way on Puerto Rico Aid". peprofessional.com. Retrieved 2025-11-12.
- ^ Jacobius, Arleen (November 13, 2017). "Private equity pros use fundraising skills to help Puerto Rico". Pensions & Investments. Retrieved 2025-11-12.
- ^ "Bennett College Raised $8.2 Million (and Counting) to Save Its Accreditation, Exceeding Its Goal". Chronicle. 4 February 2019. Retrieved 26 February 2024.
- ^ Cooper, Laura (17 September 2020). "Clearlake-co founder José Feliciano and his wife, Kwanza Jones, aim to help the school house more students". Wall Street Journal. Retrieved 26 February 2024.
- ^ "Bennett College Announces $1 Million Gift from Kwanza Jones and José E. Feliciano in Honor of Jones' Mother and Aunt, both Bennett Alumnae". 2019-02-05. Retrieved 2025-11-12.
- ^ "Kwanza Jones Introduces Inaugural Innovator Award Honoring Teyana Taylor at Historic Apollo Spring Benefit". The Citizen Newspaper Group. Retrieved 2025-11-12.
- ^ "PledgeLA Honors Next Generation of Venture Capital, Tech and Civic Leaders with Los Angeles Mayor Karen Bass at Catalyst Awards". Annenberg Foundation. December 18, 2024. Retrieved 2025-11-12.
- ^ "José E. Feliciano, James Coulter elected to Stanford Board of Trustees". news.stanford.edu. Retrieved 2025-11-12.
- ^ a b "LA500 2022: José Feliciano". LA Business Journal. 20 June 2022. Retrieved 26 February 2024.
- ^ "Alec Baldwin to Make First Post-Shooting Appearance at NYC Awards Gala". The Hollywood Reporter. 6 December 2021. Retrieved 26 February 2024.
- ^ "Princeton University Names Dorms After Black And Latino For The First Time In 275 Years". Black Enterprise. 19 May 2023.
- ^ "G. Gabrielle Starr and José E. Feliciano Join Getty Board of Trustees". Getty. Retrieved 25 March 2024.
- ^ Gomez, Shirley (August 1, 2024). "LA28 Olympic and Paralympic Games: What is known so far". HOLA! USA. Retrieved 2025-11-12.