Clearlake has a flexible mandate to invest in both private and public transactions across the capital structure in debt or equity securities in the lower and middle market through buyouts, corporate divestitures, recapitalizations and reorganizations. Behdad Eghbali is the managing partner of Clearlake Capital Group LP, which he cofounded in 2006. I think it's also an asset not to share your revenues if your New York City with Memphis. Roman Abramovich had put the club up for sale after being sanctioned over alleged links to Russian president Vladimir Putin after his country's attack on Ukraine. That is one analogy, one place we think there is a lot of runway in terms of European sports which by the way have a global audience, a global opportunity. It is mandatory to procure user consent prior to running these cookies on your website. Clearlake Capital says it oversees more than $70 billion in assets under management; it has scored some of the industry's best returns. A new partnership announced Monday between Mercedes-Benz and Cisco offers the option of taking meetings while on the go or temporarily parked, as a further nod to the popularity of a hybrid work style. But is it bad? This means that we may include adverts from us and third parties based on our knowledge of you. Behdad Eghbali has a new place to hang his hat. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. These cookies do not store any personal information. By continuing to browse, you hereby agree to the use of cookies. Based in Santa Monica, California, Clearlake's team consists of over 80 professionals, including 35 investment professionals.1 Clearlake has been a Registered Investment Adviser with the Jose E. Feliciano cofounded Clearlake Capital in 2006 with Behdad Eghbali; both men are managing partners. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); I think that's less of an issue. Behdad Eghbali could resurrect major 5.7bn NFL plans after Chelsea purchase Clearlake Capital co-founder Behdad Eghbali has been linked with a move for the NFL team Washington Commanders despite already having a keen interest in Chelsea Chelsea By Richard Cusack Football writer. Compare Standard and Premium Digital here. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. All rights reserved. She co-heads Clearlakes business development efforts and focuses primarily on fostering relationships with key deal intermediaries, sourcing new platform investments, and assisting portfolio companies with add-on acquisitions. Jos E. Feliciano and Behdad Eghbali, Co-Founders and Managing Partners of Clearlake, commented, "We are thrilled to recognize the dedication of our team members who have not only contributed. We support credit card, debit card and PayPal payments. Necessary cookies are absolutely essential for the website to function properly. While rediscovering the joy of riding mountain bikes. Thomas Tuchel has already shown Graham Potter what he must do in Chelsea vs Bournemouth, Chelsea told key area Christopher Vivell will improve following technical director appointment, Todd Boehly's 2023 Chelsea vision is clear after Christopher Vivell joins new-look team, The eight January transfer decisions Chelsea must make as Todd Boehly and Graham Potter plan future, Wesley Fofana breaks silence after Chelsea injury in Brentford friendly amid Reece James message, Chelsea Co-owner Behdad Eghbali and Newcastle United Director Amanda Staveley look on. Clearlake Capital Accelerates Deal Making Activity, The 2021 Money Issue Private Equity Firms Directory, Ivanti Names Board Chairman Jim Schaper As CEO, Clearlake Capital invests in Appriss Holdings, Clearlake Capital Group Closes Fund V at over $3.6 Billion, Clearlake Capital Acquires Provation as Newly Independent Software Platform Investment, Forum and Clearlake-backed Converge One merge and goes public, Clearlake Capital Completes Investment in NetDocuments. [3] Many investors chose to roll their holdings instead. Eghbali (45) and Feliciano (48) co-founded Clearlake Capital together in 2006; Feliciano and Jones are married. He has six scouts, no data and using some of the data points we know of the good sports teams of any league here there are 20-30 data analysts and wie use of data. www.vbprofiles.com is now www.topionetworks.com. I would say, we think winning and a good product on the pitch and commercial success go hand in hand. Prior to Clearlake, Mr. Kottman was an investment professional at Trilantic Capital Partners, and prior to that, he served as an Investment Banking Analyst at Citi. His net worth is estimated at $2 billion. analyse how our Sites are used. Ultimately, if you're investing capital into a training facility, an academy, a stadium, if you're improving the team you're going to have a lot of public support and I think there are a lot of untapped niche markets that are avidly supportive of the teams. Could you see a EPL vs Serie A all-star game, could you see a pre-season match that we do that puts more premium content on the pitch? Read more: Chelsea make four major goalkeeping decisions as Todd Boehly receives fresh transfer plan. Standard Digital includes access to a wealth of global news, analysis and expert opinion. We think there's a path to controlling labour costs and still producing a winning product using data, using the multi club. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. We hired a coach from Brighton and we think they're one of the best-run teams in the Premier League. [9][10] The purpose of the sale was to fund the creation of a credit unit. When a CX team feels valued and understood, their mood will not only improve, but the quality of their work with customers will as well. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Blicksilver PR Same platform but with new and improved features. [15] In 2016 Clearlake, took a controlling stake in Vision Solutions. Clearly, our approach was, it so happened because of a global conflict Chelsea was available and we thought we'd start with that. Donald Trumps real net worth? Bachelor of Business Administration, University of California, Berkeley. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. [3] In 2021, Charlesbank Capital Partners invested in Ivanti at a valuation of $4 billion. [2][3][4][5] The strategy was to shift between buyouts and distressed securities depending on economic conditions. Clearlake was established in 2006 and is currently managed by Jos E. Feliciano and Behdad Eghbali (the "Co-Founders"). You look at the NFL, the NBA, NFL, 20 or so billion revenue, 150-200 million fanbase, media rights, all rights, all IP is shared within the league whereas European soccer you have a massive - English Premier League - massive global audience, you share broadcast revenue but big disparity otherwise in terms of your IP, your assets. We are also pleased to recognize the tremendous talent at all levels of the firm. By clearlakeAdm20 kristin@blicksilverpr.com, Jennifer Hurson Behdad is Co-Founder and Managing Partner at Clearlake Capital Group LP which currently has approximately $10 billion of assets under management, and its senior investment principals have led or co-led more than 100 investments. On this Wikipedia the language links are at the top of the page across from the article title. The private equity firm is based in Santa Monica, California. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks, Smart data to help spot risk and opportunity, Lex, our agenda-setting business commentary (Premium only), Due Diligence, an exclusive M&A newsletter (Premium only). Using a sector-focused approach, Clearlake seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlakes operational transformation approach. When Todd Boehly and Clearlake Capital completed their . More information is available at www.clearlake.com and on Twitter @Clearlake. If youve been thirsty for a legitimately huge UFC pay-per-view event, one that bridges the gap between casual mixed martial arts fans and the hardcore, there is one on the doc for Saturday night at the T-Mobile Arena in Las Vegas. We look forward to providing you with even more cutting-edge market research, as Topio Networks. The Chelsea co-owner was quizzed on his for plans, the impact of venture capital on the relationship with Chelsea, plans to have multiple clubs and more at SporticoLive's "Invest in Sports" Summit. All Rights Reserved. Mr. Behdad Eghbali is a Co-Founder & serves as Managing Partner at Clearlake Capital Group. Using a sector-focused approach, Clearlake seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlakes operational transformation approach. Africa wef think is a big, big market. -Behdad Eghbali; source: SporticoLive via Football.London The only thing we have to keep in mind is that none of this will happen overnight. As co-founder and managing partner of Clearlake Capital Group, Behdad Eghbali was instrumental in the growth and success of Clearlake since its founding in 2006. Eghbali co-founded Clearlake Capital in 2006. For cost savings, you can change your plan at any time online in the Settings & Account section. var __dcid = __dcid || []; Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. cookies Clearlake Capital's 4.25bn investment to purchase Chelsea football club has been named Deal of the Year in the Private Equity International 2022 Awards. They are to some degree public-private partnerships but like anything you've got to put a good product on the field. Todd went there on an all-star game. Necessary cookies are absolutely essential for the website to function properly. You can still enjoy your subscription until the end of your current billing period. These cookies do not store any personal information. Prior to joining Clearlake, Mr. Abraham was an investment professional at Marlin Equity Partners, and prior to that, he was an Investment Banking Analyst at Barclays Investment Bank. The deal, led by U.S billionaire Todd Boehly and the private equity firm, was completed at the end of May after two months of uncertainty. Four E-Design Business Trends To Watch In 2023, The Pivot Cycles E-MTB Lineup Defines This New Mountain Biking Category, Mercedes-Benz To Offer Webex In New E Class Cars, Tears, Laughter And Accolades At The Inaugural Jose Hess Design Awards, How To Establish A Strong E-Commerce Presence For Home Improvement Solutions, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Clearlake also announced the following additions to the team: Tony La Rosa, Managing Director,O.P.S. With more than 25 years of experience, Mr. La Rosa has worked extensively with private equity owned companies in senior IT roles, including CTO positions at two Clearlake-owned businesses. California-based Clearlake, run by cofounders and managing partners Jos E. Feliciano and Behdad Eghbali, invests in technology, industrials, and consumer companies. We have content from players in the academy, Chelsea academy along with Barcelona probably the two best in Europe, we have stars starting six, seven, and eight. var __dcid = __dcid || []; All rights reserved. Clearlakes history of active leadership as value-added investors is further enhanced by the firms network of executives and operating resources within its core industries. Feliciano and his wife have committed $50 million in grants and impact investments to support entrepreneurs from underrepresented groups. American private equity firm based in Santa Monica, "Clearlake Capital hits fundraising trail minus a founder | Buyouts", "Clearlake, the US buyout group behind the Chelsea bid", "Clearlake Capital Wraps Up Latest Fund With $14.1 Billion", "Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout Fund", "Wall Street Brings Its Financial Engineering to English Football", "Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club", "The Fall and Rise of a Plus-Size Empire", "Clearlake Capital sells 20% stake to 3 alternatives fund managers", "Clearlake Attracts Minority Investment From Dyal, Goldman, Landmark", "Clearlake Capital purchases majority stake in WhiteStar Asset Management", "Clearlake Capital closes Clearlake Opportunities Partners III with more than $2.5 billion in commitments", "Clearlake Capital closes seventh flagship private equity fund with more than $14.1 billion in commitments", "Clearlake Re-Acquires Precisely In $3.5 Billion Deal", "Two private equity firms take control of U.S. software company Precisely in $3.5 billion deal: source", "Clearlake Capital to take Cornerstone OnDemand private for $3.8 billion", "In $5.2B deal, Cornerstone OnDemand goes private | TechTarget", History of private equity and venture capital, Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=Clearlake_Capital&oldid=1142736127, Financial services companies of the United States, Financial services companies established in 2006, Companies based in Santa Monica, California, Private equity firms of the United States, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 March 2023, at 02:37. [2][8], In May 2018, Clearlake sold a minority stake of up to 20% of its shares to Dyal Capital, Petershill Partners and Landmark Partners. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Baseball all-star game, talent competition, draft generates 2/300 million of revenue on a Monday, or Tuesday. Behdad is Co-Founder and Managing Partner at Clearlake Capital Group LP which currently has approximately $10 billion of assets under management, and its senior investment principals have led or co-led more than 100 investments. Centralize the data you need to set and surpass your ESG goals., The Big Shift: How Boardrooms Are Evolvingand How Leaders Should Respond. Senior Vice President and Global Head of Product, Senior Vice President, Data Protection Officer and General Counsel, Board Management for Education and Government, Internal Controls Over Financial Reporting (SOX).