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YPE Founders


Stephen Cravens, Executive Director

Stephen coordinates global YPE operations and leads efforts to empower leadership at the local level. He works currently as Vice President at Cogent Partners, a private equity advisory firm based in Dallas. 

Stephen was previously an associate at First Reserve, the largest and oldest private equity firm focused on the energy industry. His responsibilities included financial modeling, due diligence, execution and monitoring of current and prospective portfolio companies.

Prior to joining First Reserve, he was an investment banking analyst in the Global Energy Group at UBS in Houston.  While at UBS, Stephen worked on public and private debt and equity offerings, as well as mergers and acquisitions in the energy industry.  He holds a BBA in Finance from the University of Texas at Austin and an MBA from the Harvard Business School. Stephen founded YPE in 2005 and is a native of Dallas, TX.  

stephen.cravens@ypenergy.org | (214) 608-2858



Michael Teplitsky

Michael Teplitsky is a vice president at Wynnchurch Capital, a private equity firm with over $1 billion under management. 

Prior to Wynnchurch, Michael was an associate at Lime Rock Partners, a $3 billion global private equity firm providing capital to exploration and production and oilfield services companies.  After completing Lime Rock's associate program, Michael left to pursue his M.B.A.  Michael began his career as an analyst within the Investment Banking Department at UBS where he executed strategic advisory and financing transactions as a member of the Global Energy Group.  Michael has also spent time in Moscow at BP's Russian joint-venture, TNK-BP, where he was the strategic advisor to the executive director. 

Michael is active in business, educational, and civic affairs.  He serves on the board of directors of YPE, Kellogg Alumni in Private Equity, and the Chicago Children's Choir Ambassadors Board.  He is a member of the Association for Corporate Growth, the Turnaround Management Association, and the American Bankruptcy Institute.  He previously served as a board member of the Donors Forum and is a past member of the Council on Foreign Relations.  Michael frequently speaks on the topics of private equity investing and turnarounds and has served as a guest lecturer and panelist at the University of Chicago’s Booth Global School of Business, Northwestern University’s Kellogg School of Management, and Northwestern Law School.

Michael received a BA with honors from Northwestern University and an MBA from Northwestern's Kellogg School of Management.  While at Kellogg, Michael completed the Board Fellows Program, a civic leadership fellowship in nonprofit board governance.  He is a native of St. Petersburg, Russia.  Michael founded YPE in 2005. 

mteplitsky@wynnchurch.com | (646) 373-6373