Clearlake Gets More Time to Raise $15 Billion for Buyout Fund

Clearlake Gets More Time to Raise $15 Billion for Buyout Fund

Clearlake Capital Group secured an extension from investors to gather $15 billion for its newest private equity fund, the latest sign of a difficult fundraising environment for buyout firms.

Debut funds are on menu at Pritzker Alternative Strategies

The family of Tony Pritzker has put its fortune behind a new effort to back small and mid-sized buyout funds, including debut funds, that have proven hard to access for many investors. Chicago-base…

Clearlake-backed Ivanti secures financing from lending group - Private Equity Wire

Ivanti Software, the IT management platform backed by Clearlake Capital Group, has reached an agreement with a key group of lenders to secure approximately $350m in new financing and extend the maturities on its existing debt obligations, according to a report by Bloomberg citing sources familiar with the matter. The deal, which is expected to be formally presented to the broader lender base in the coming weeks, will offer all existing lenders t…