Clearlake closes $14.8bn flagship PE fund

Clearlake closes eighth flagship fund on $14.8bn

Clearlake Capital Group has closed its eighth flagship fund alongside co-investment vehicles and separately managed accounts, raising a combined total $14.8bn. The capital will be focused in pursuit of the trends Clearlake believes are fundamentally reshaping industries, including AI, software modernisation, digital transformation and operational efficiency. The fundraise attracted nearly 300 investors from across six […] The post Clearlake clos…

Clearlake closes $14.8bn flagship PE fund

Clearlake Capital Group has closed its eighth flagship private-equity fund with $14.8bn in commitments, marking one of the largest fundraises in recent years as the firm continues to scale its platform amid a challenging fundraising environment, according to a report by the Wall Street Journal. The Santa Monica-based investor said Clearlake Capital Partners VIII includes co-investments and separately managed accounts, bringing total commitments …