Clearlake Capital Closes Seventh Flagship Private Equity Fund, At More Than $14.1 Billion

Clearlake Capital Group, L.P., Santa Monica, CalifA.-based investment company that focuses on technology and industrials as well as the consumer industries closed its seventh flagship private equity fund. Clearlake Capital Partners VII, with more than $14.1 billion in commitments.

LimitedPartner in FundVII represents a variety of public and corporate pension funds as well as sovereign wealth funds, insurance companies and foundations, and family offices. With300 institutional investors, representing six continents as well as more than 40 countries, FundVII received support from both long-standing investors and prominent new investors. About half of these new investors are based in the U.S., while the rest are based elsewhere. Asia, Middle East, Europe, NorthAnd South America.

LedBy Co-FoundersAnd Managing Partners Behdad Eghbali, José E. Feliciano, Clearlake Capital Group, L.P., is an investment company that operates integrated businesses in private equity, credit, and other related strategies.  The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has more than $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. TheFirm is headquartered in Santa Monica, CA with affiliates in Dallas, TX and London, UK.

Fund VII’s announced platform investments include Cornerstone OnDemand, Concert Golf, Discovery Education, Intertape Polymer Group, Kofax, Mold-Rite Packaging, Quest SoftwareAnd Springs Window Fashions.

RealizationsThe entire Clearlake platform in 2021 include American Construction Source, Appriss, DigiCert, Ivanti, NetDocuments, Janus International, Precisely, Provation, symplr, Wheel ProsBelow-average investments Clearlake’s Better For You platform.



Leave a Comment