ClearPoint Expands Investment Team

ClearPoint Expands Investment Team

clearpoint nf1ClearPoint Investment Partners – an investor in lower middle-market business services and financial processing companies – has hired Taimur Shaikh as Principal and Joseph Velli, a financial services and technology executive, as the firm’s sixth Operating Director.

“These additions to the team reinforce our strategy to serve as a valuable partner to management through deep sector and functional expertise across operations, finance, and strategy,” said Ingrid Mazul, Co-founder and Partner of ClearPoint.

Taimur Shaikh nf1Mr. Shaikh has over seven years of private equity experience having worked at Trident Capital and Oak Hill Capital Partners. His experience includes transactions in the business and healthcare services and software sectors.  Mr. Shaikh has been responsible for all aspects of the investment process, including origination, evaluation and execution, and portfolio monitoring.   He began his career in investment banking at Lehman Brothers and has an MBA from Stanford and a BA from UCLA.

Joseph Velli nf1Mr. Velli has direct experience in building financial services and technology-based businesses.  He has completed 50 acquisitions during his 30-year career and has served on the Boards of private and public companies. For 22 years, he was with BNY Mellon, most recently as Chairman and CEO of BNY Convergex Group. He headed businesses in brokerage services, payments, clearing and securities services, employee benefits administration, and consumer banking. Mr. Velli currently serves on the Boards of Paychex and Computershare Limited, and previously served on the Boards of E*Trade Financial and American Management Systems.

“We are fortunate to have two executives with such outstanding investment and business transformation skills join our team,” said Carty Chock, Co-founder and Partner of ClearPoint.  “Taimur’s knowledge and relevant investment expertise provide additional sourcing and execution capabilities and Joe’s experience base further diversifies our bench of Operating Directors. His decades of leading payments and transaction processing companies add valuable management insight and relationships in these key sectors.”

ClearPoint invests from $20 million to $100 million in US and Canadian-based companies that have revenues of at least $100 million and a minimum EBITDA of $3 million.  Sectors of interest include business services and financial processing with a specific interest in outsourced services, transaction processing , data and analytics, and brokerage and distribution.  ClearPoint does not invest in “balance sheet” financial services companies such as banks or other lenders, or insurance carriers. ClearPoint was formed by co-founders and partners Ingrid Mazul and Carty Chock in 2013 and is headquartered in San Francisco (

2015 PEPD • Private Equity’s Leading News Magazine • 5-27-15

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