Head Of Santa Monica-Based Private Equity Firm To Buy San Diego Padres: Report
By Mark Nero
Published on April 17, 2026.
Jose E. Feliciano, the co-founder and managing partner of private-equity firm Clearlake Capital Group, and his wife, have agreed to buy the San Diego Padres for a record $3.9 billion. The deal, if approved by Major League Baseball, would supersede the current record $2.4 billion that the New York Mets sold for in 2020. The firm, which has over $90 billion in assets under management, is headquartered in Santa Monica and has affiliate offices globally.
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