Special situations private equity firm Clearlake Capital Group has added Fred Ebrahemi to its team as the firm’s General Counsel and Chief Compliance Officer, and announced a series of promotions including Prashant Mehrotra to Partner, Colin Leonard and Arta Tabaee to Principal, and James Pade to Vice President.
“We are very pleased to recognize the contributions made by Arta, Colin, James and Prashant to the growth and success of Clearlake,” said José Feliciano, Managing Partner and founder at Clearlake. “We also welcome Fred, who brings deep experience and a strong understanding of Clearlake’s investment strategy.”
Mr. Ebrahemi previously was the Senior Vice President and Deputy General Counsel for Platinum Equity Advisors, where he was responsible for the execution of private equity investments and divestitures, portfolio company oversight, special projects and the compliance function. He graduated with a JD and LLM in International and Comparative Law from Duke University and he has a BA in Political Science from the University of California, Santa Barbara.
Mr. Mehrotra joined Clearlake in 2010. Prior to joining Clearlake, he was a Principal at Silver Lake Partners, where he focused on investments in technology and technology enabled industries. Before that, he was a Principal at Tennenbaum Capital Partners. Mr. Mehrotra graduated with a BS and MS in Industrial Engineering from Stanford and he received his MBA from Northwestern University.
Mr. Leonard joined Clearlake in 2007. Prior to Clearlake, he was an investment professional at HBK Investments where he focused on distressed investments in the industrials and transportation & logistics sectors. He graduated with a BS in Economics (Wharton School) and a minor in Mathematics at the University of Pennsylvania.
Mr. Tabaee joined Clearlake in 2010. Prior to joining Clearlake, he was an investment professional at H.I.G. Capital, where he focused on leveraged buyout, distressed debt and other special situations investments, focusing on the industrials, consumer & retail, and healthcare sectors. Mr. Tabaee graduated with a BS in Economics and a minor in Spanish from Duke University. He received his MBA from Harvard.
Mr. Pade joined Clearlake in 2013. Prior to joining Clearlake, he was an investment professional at TowerBrook Capital Partners, where he focused on leveraged buyouts and distressed debt investments. Before that, he was an investment banker at Credit Suisse. Mr. Pade started his career at Google and played professional tennis on the ATP Tour. He graduated with a BA in Economics from Stanford.
“Together, our dedicated team looks forward to driving Clearlake forward and building on our prior successes,” said Behdad Eghbali, Managing Partner and founder at Clearlake. “The team’s extensive experience and expertise bring significant value to our firm and portfolio investments.”
Clearlake invests in special situations such as corporate divestitures, recapitalizations, buyouts, restructurings, turnarounds and minority equity investments. Sectors of interest include business services; communication; consumer products and retail; defense and public safety; energy and power; healthcare; industrials; media; software and technology. Clearlake currently manages approximately $1.4 billion of equity capital. The firm was founded in 2006 and is headquartered in New York (www.clearlakecapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 3-20-15