Claire Allison

Claire Allison
Co-Founder
Closet Collective

After graduating with a double major in finance and marketing, Claire started her career combining her two loves – fashion and finance as a retail and consumer investment banker. Her appetite to see how companies developed after the deal was done guided her to strategy. She joined as member of a team acting as Bear Stearns’ in–house investment bankers, strategists and consultants, responsible for identifying, analyzing and executing major initiatives to improve firm performance.

She found her home in operations and building out businesses at the private equity firm Lone Star Funds. Here she was responsible for the management and monetization of over $6 billion of performing and non-performing residential mortgage assets and the improvement and development of a wholly-owned specialty servicer. To achieve the targeted returns, Claire conceptualized, developed and grew business lines within her portfolio companies. What surprised her was how much she enjoyed learning how to motivate and work with people to make that happen.

After a lifetime of insatiable shopping and minor hoarding under the “I may want to wear this again someday” justification, Claire saw Closet Collective as a way to help fix her own problem. Building a boot-strapped start-up vs. businesses within a multi-billion private equity fund has led to developments of new skills including coding, Photoshop and marketing and learning how to tackle everything in between.