Managing Partner, Leonard Green & Partners

THE LATEST: After Leonard Green & Partners this year sold a 25% stake in British clothing retailer Topshop and Topman — which is part of the Arcadia Group — Sokoloff stepped down from Arcadia’s board in April.

BACKGROUND: Sokoloff joined private equity firm Leonard Green & Partners in 1990, a year after the firm was founded. The company focuses on service and retail company acquisitions and has invested in more than 90 businesses via traditional buyouts, recapitalizations and growth equity, among other methods. It closed its most recent fund in 2016 with $9.6 billion in committed capital. Prior to joining Leonard Green, Sokoloff was a managing director in corporate finance at Drexel Burnham Lambert, which he joined in 1985.

WORTH NOTING: Sokoloff serves on the boards of various companies, including the Container Store Group Inc. and Shake Shack Inc. He serves as a trustee of Williams College.

YEARS ON THE LA500: 4