IRVINE, Calif., July 14, 2016

Irvine-based private equity firm Lotus Innovations – through its Title sponsorship of the 2016 Michael Chang Tennis Classic – is backing efforts to end homelessness in Orange County. Proceeds of tennis star Chang’s 6th annual Tournament, which kicks off on July 17, 2016 in Newport Beach, CA, help HomeAid Orange County build and renovate shelters in Orange County, California for those who find themselves homeless due to sudden job loss, catastrophic illness, spousal desertion, and domestic violence.

“It’s important to remember that homelessness affects people of all walks of life and in all communities,” says Christian Mack (@CMack4Lotus), co-founder and General Partner of Lotus Innovations. “Even in areas like Orange County where there is so much affluence.” Mack added, “Lotus Innovations is both proud and humbled to support the efforts of the #ChangTennis2016 and #HomeAidOC to raise awareness and end homelessness in our area.”
Recently named the third largest venture capital firm in Orange County by the Orange County Business Journal, Lotus Innovations is a private equity fund that builds wealth for its investors by acquiring, transforming, and exiting high-potential, small to mid-size technology companies in enterprise IT and telecom. The Lotus Methodology™ takes a growing business from distracted to dynamic by providing shared services support including finance, HR, IT, legal and marketing. The Fund’s founders, board of directors, and strategic advisors bring over six decades of experience in high-tech, finance, sales, and operations to help grow Portfolio Companies and build wealth for investors.

Learn More about HomeAid OC Here

Learn More about The Chang Tennis Classic