José E. Feliciano
José E. Feliciano | |
|---|---|
| Alma mater | Princeton University Stanford Graduate School of Business (M.B.A.) |
| Occupation(s) | 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 $3.8 billion as of January 2024.[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 worked in a senior position at Tennenbaum Capital, an alternative investment management firm.[7][8] In 2006, Feliciano and Behdad Eghbali co-founded Clearlake Capital.[3]
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.[9][7]
In 2022 and 2023, the Los Angeles Business Journal named Feliciano one of the wealthiest Angelenos in Los Angeles.[4][10]
Personal life
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.[11] Notable contributions have included a $1 million gift to Bennet College in 2019 and a $20 million gift to Princeton in 2020 for student housing.[12][13]
In July 2021, Feliciano was named one of four winners of the Robert F. Kennedy Human Rights Award.[14][15]
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.[16]
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.[14][17]
References
- ^ "Jose E. Feliciano". Forbes.
- ^ "Newcomers: These 18 Billionaires Join The Forbes 400 List In 2020". Forbes. Retrieved 25 March 2024.
- ^ a b c "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 "Who are the nine members of Chelsea's new board?". The Athletic.
- ^ "KKR Execs Join Mayfield To Lead Gov Works". Buyout Insider.
- ^ "2023 Leadership Summit Speaker José E. Feliciano". The Alumni Society. Retrieved 14 March 2024.
- ^ "24. José Feliciano". LA Business Journal. 9 September 2022. Retrieved 23 February 2024.
- ^ "Private Equity Investors Fundraise for Puerto Rico Disaster Relief". Middle Market Growth. Retrieved 30 March 2024.
- ^ "Bennett College Raised $8.2 Million (and Counting) to Save Its Accreditation, Exceeding Its Goal". Chronicle. Retrieved 26 February 2024.
- ^ "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.
- ^ a b "LA500 2022: José Feliciano". LA Business Journal. Retrieved 26 February 2024.
- ^ "Alec Baldwin to Make First Post-Shooting Appearance at NYC Awards Gala". The Hollywood Reporter. 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.