Clearlake Capital is a private investment firm founded in 2006 and is led by co-founders and managing partners José E. Feliciano and Behdad Eghbali[4]. The firm is headquartered in Santa Monica, California, and manages over $90 billion in assets with a global team operating in offices across North America, Europe, the Middle East, and Asia[4].
The ownership of Clearlake Capital primarily rests with José E. Feliciano and Behdad Eghbali, who are the key managing partners and public faces of the firm[4]. In 2018, Clearlake sold a minority stake of up to 20% to institutional investors including Dyal Capital, Petershill Partners, and Landmark Partners, mainly to support the launch of its credit unit[2]. However, operational and control leadership remains with Feliciano and Eghbali[5].
Previously, Steven Chang was also a co-founder, but he left the firm in 2015, leaving Feliciano and Eghbali as the remaining managing partners[2].