DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Firms / Emerald Lake Capital Management, L.P.
Emerald Lake Capital Management, L.P.
Buyout firm · probableMiddle marketSanta Monica, CAemeraldlakecapital.comSEC registered investment adviser
Emerald Lake Capital Management (ELCM) was founded in 2018 by former Ares Management investors. Our private equity experts are here to assist you.
Classification
- Class
- Buyout firmprobable, confidence 80%
- Basis
- own website statement
- Size band
- Middle marketdefined by: proxy: $1.17bn Private Equity Fund GAV on the Form ADV filed 2024-11-18
Classification history (3)
- Sep 16, 2026Buyout firm (probable, 80%, cls-pe-2)own website statement“Emerald Lake Capital Management is a private equity firm founded in 2018 and led by an experienced team who have invested together for many years.”elcm.com
- Sep 16, 2026Buyout firm (probable, 80%, cls-pe-2)own website statement“Emerald Lake Capital Management is a private equity firm founded in 2018 and led by an experienced team who have invested together for many years.”elcm.com
- Sep 13, 2026Buyout firm (confirmed, 85%, cls-pe-1)R6: 11 of 11 distinct vehicles are sworn Private Equity Funds; 11 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
- Adviser type
- registered investment adviser
- Form ADV filings
- Feb 2, 2019 to Nov 18, 2024
- RAUM
- $1.3Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 11
- PE fund GAV, latest filing
- $1.2Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $1.2Bevery private fund type, latest filing
- 2024 PE fund GAV
- $1.2Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- filed 2024-11-18, latest gav Private Equity Fund $1.2B, latest counts Private Equity Fund 11, lifetime distinct Private Equity Fund 11
- Employees
- 9
- Headquarters
- Santa Monica, CA
- Office address
- 233 WILSHIRE BLVD., STE 650, Santa Monica, CA, 90401
- Business phone
- 424-768-9570
Stated criteria beside observed behaviour
18 observed deals
Stated by the firm
- Sectors
- aerospace defense
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- As proactive and constructive partners, we seek to support and empower our management teams to unlock the full potential of our portfolio companies and build enduring value.
Observed from deals on record
- roles
- add on 7, unknown 12, platform 1
- period
- to 2026-08-04, from 2024-03-06, undated holdings 10, dated observations 20
- window
- last 2026-08-04, first 2024-03-06
- control
- control 7, unknown 13
- companies
- 18
- geography
- count 1, share 0.056, value CA
- investments
- 20
- seller kinds
- transactions
- 10
- cadence by year
- 2024 add ons 1, 2025 add ons 3, other deals 1, 2026 add ons 3, other deals 2
- platform add on
- add ons 7, platforms 1, add ons per platform unknown
- sector known for
- 6
- disclosed value usd
- n 0
- sector distribution
- count 4, share 0.222, value industrial manufacturing, examples DVM Power + Control, Point Eight Power, TxLa Systems, Leman Engineering and Consulting, count 2, share 0.111, value tech enabled services, examples Core Transformers, DVM Manufacturing, LLC
- holding period years
- n 0
- repeat counterparties
- subsector distribution
- count 3, share 0.167, value electrical equipment, examples DVM Power + Control, TxLa Systems, Leman Engineering and Consulting, count 2, share 0.111, value data processing hosting, examples Core Transformers, DVM Manufacturing, LLC, count 1, share 0.056, value miscellaneous manufacturing, examples Point Eight Power
18 companies on the graph (10 transactions); most in industrial manufacturing (4); 1 platforms and 7 add-ons; observed 2024 to 2026
Funds
11 on record
| Fund | Vehicle | Vintage | Reported gross assets (Form ADV), not fund size | GAV by year | Form D sold | Lifecycle |
|---|---|---|---|---|---|---|
| Emerald Lake Mcg Acquisition, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $61.7M as of Nov 18, 2024 | no Form D | Unknown | |
| Emerald Lake Maverick Holdings, LLC ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $87.9M as of Nov 18, 2024 | no Form D | Unknown | |
| Emerald Lake Maverick Acquisition, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $46.7M as of Nov 18, 2024 | no Form D | Unknown | |
| Emerald Lake Pearl Holdings, LLC ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $125M as of Nov 18, 2024 | no Form D | Early deployment | |
| Emerald Lake Pearl Acquisition-A, L.P. ADV: Private Equity Fund | Feeder or parallel | 2022 first reported on Form ADV | $106M as of Nov 18, 2024 | no Form D | Early deployment | |
| Emerald Lake Pearl Acquisition, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2022 first reported on Form ADV | $95.3M as of Nov 18, 2024 | no Form D | Early deployment | |
| Emerald Lake Edison Acquisition, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2021 first reported on Form ADV | $99.6M as of Nov 18, 2024 | no Form D | Active deployment | |
| Emerald Lake Edison Acquisition-A, L.P. ADV: Private Equity Fund | Feeder or parallel | 2021 first reported on Form ADV | $57.1M as of Nov 18, 2024 | no Form D | Unknown | |
| Emerald Lake Packaging Acquisition I, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2020 first reported on Form ADV | $138M as of Nov 18, 2024 | no Form D | Unknown | |
| Emerald Lake Pd Acquisition, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2020 first reported on Form ADV | $38.9M as of Nov 18, 2024 | no Form D | Mature | |
| Emerald Lake Grizzly Acquisition I, L.P. ADV: Private Equity Fund | buyout or unlabelled | 2019 first reported on Form ADV | $310M as of Nov 18, 2024 | no Form D | Active deployment |
Team
18 current, 1 former
Managing partner (3)
- Dan Lukas · Managing Partner · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
- Dan Lukas · Managing Partner, Investment Committee Member · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Daniel Claude Lukas · Managing Member · since Jun 1, 2021 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
Partner (3)
- Joe DeJean · Partner · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Russ Hammond · Partner, Investment Committee Member · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Stephen Burhenn · Partner · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Principal (3)
- Derrick Lee · Principal · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Eric Rea · Principal · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Sourabh Bhat · Principal · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Associate (4)
- Bobby Jahrling · Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Gemma Kim · Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Katie Slodzinski · Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Simrit Hundal · Associate · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Platform (5)
- Gabriella Ayala · Controller · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Madeleine Jeannie Gray · Chief Compliance Officer & Chief Financial Officer · since Jan 1, 2024 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- Madeleine Jeannie Gray · CFO & CCO · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Maria Guizano · Controller · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- Meagan Ventre · Office Manager and Executive Assistant · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
1 former (kept with end dates)
- Carling Giedt O'Brien · Principal · Feb 1, 2019 to Oct 21, 2021 Inference
Portfolio
20 relationships, 1 platforms, 7 add-ons
Transactions
10 on record
| Date | Type | Target | This firm’s role | Source |
|---|---|---|---|---|
| Aug 4, 2026 | Add-on acquisition | Anchor Automation | Sponsor (derived) | missioncriticalgroup.com |
| Jul 24, 2026 | Add-on acquisition | Core Transformers | Sponsor (derived) | missioncriticalgroup.com |
| Jul 8, 2026 | Type not stated | W.E.C.S. Electric Supply, Inc. | Sponsor (confirmed) | prnewswire.com |
| Jul 8, 2026 | Type not stated | W.E.C.S. Electric Supply, Inc. | Sponsor (confirmed) | prnewswire.com |
| Apr 8, 2026 | Add-on acquisition | TxLa Systems | Sponsor (derived) | missioncriticalgroup.com |
| Nov 4, 2025 | Add-on acquisition | Leman Engineering and Consulting | Sponsor (derived) | missioncriticalgroup.com |
| Sep 25, 2025 | Type not stated | Core Transformers | Sponsor (confirmed) | prnewswire.com |
| Apr 24, 2025 | Add-on acquisition | DVM Power + Control | Sponsor (derived) | missioncriticalgroup.com |
| Apr 24, 2025 | Add-on acquisition | DVM Manufacturing, LLC | Sponsor (derived) | missioncriticalgroup.com |
| Mar 6, 2024 | Add-on acquisition | Point Eight Power | Sponsor (derived) | missioncriticalgroup.com |
Placement agents, lenders, advisers and co-investors
1 relationships
Placement agents (1)
- UBS Securities LLC 8 shared · very strong · last Jan 1, 2022
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
15 most recent
- Aug 20, 2026Mission Critical Group and CORE Transformers Merger
- Aug 20, 2026Emerald Lake Capital Management Invests in WECS and Electrical Cable Specialists
- Aug 20, 2026Mission Critical Group Acquires Txla Systems
- Jul 8, 2026Emerald Lake Capital Management Invests in WECS and Electrical Cable Specialists
- Jul 8, 2026Emerald Lake Capital Management Invests in WECS and Electrical Cable Specialists
- Apr 27, 2026Emerald Lake Capital Management Holds Final Close On New $825 Million Fund
- Apr 27, 2026Emerald Lake Capital Management Holds Final Close On New $825 Million Fund
- Apr 27, 2026Emerald Lake Capital Management, L.P.: Private Equity Funds on Form ADV 11 (2024 extract) -> 15 (roster 2026-09-01)
- Feb 26, 2026Emerald Lake Completes $907.5 Million Sale of US Salt
- Dec 8, 2025Emerald Lake Announces Sale of US Salt In $907.5 Million Transaction
- Sep 25, 2025Emerald Lake Invests in CORE Transformers
- Sep 25, 2025Emerald Lake Invests in CORE Transformers
- Jun 9, 2025Mission Critical Group Expands Electrical Equipment Manufacturing and Service Capabilities with Acquisition of DVM Power + Control
- Mar 14, 2025Emerald Lake Announces Sale of Inno-Pak
- Feb 2, 2019Emerald Lake Capital Management, L.P. first filed Form ADV in the extract (IA)
Across the graphs
Emerald Lake Capital Management, L.P. is the same institution as 2 records in Independent Sponsors and RIA and Wealth.
Independent Sponsors1RIA and Wealth1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
Checking your plan…