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]
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