Clearlake

Clearlake Capital Group is an investment firm founded in 2006 managing integrated platforms spanning private equity, credit and other related strategies.

[Clearlake @clearlake]

We’re proud to celebrate our 7 portfolio companies recognized in Newsweek’s 2026 ranking of America’s Greatest Workplaces for Perks & Benefits. Based on feedback from 179,000 employees, the list highlights companies leading in flexibility, employee benefits, and overall well-being. Congratulations to @BakeMark, @CornerstoneInc, @IPGtape, @alteryx, @BeyondTrust, Diligent, and @InvestCloud on this recognition.

Read more here:
https://t.co/rqKp13Tshb

[Clearlake @clearlake]

We recently hosted our annual Clearlake Credit Day in London, bringing together nearly 200 attendees, including 100 investors for discussions on the evolving global credit landscape.

Throughout the day, we shared perspectives on market dislocation, flexible capital solutions and the opportunities emerging across liquid and private credit markets globally.

A key theme was Clearlake Credit’s differentiated approach – combining deep sector expertise, global scale, cross-platform collaboration, and flexible investing capabilities across the capital structure. We also explored how AI is reshaping software and credit underwriting, and why we believe resilient businesses with proprietary data, embedded workflows and mission-critical infrastructure continue to stand out.

Thank you to our investors, speakers, colleagues, and friends who traveled from around the world to help make the event a success.

[Clearlake @clearlake]

Prashant Mehrotra, Partner and Managing Director, recently spoke with PE Hub about how Clearlake is navigating the rapidly evolving AI landscape across the portfolio, including the firm’s efforts through Clearlake AI Labs to drive value creation and operational transformation across our portfolio companies.

Read more here:
https://t.co/KFgChpXhnQ

[Clearlake @clearlake]

We’re thrilled to share that we’ve completed our acquisition of Qualus, a pure-play power and electric grid services platform. The next phase of growth begins today.

Read more here: https://t.co/iO1g0hlpjS

[Clearlake @clearlake]

Rafael Calvo, Head of European Private Credit Portfolio Management, recently spoke at the Financial Times' Private Credit Connect: London – a timely forum discussing where the private credit market is heading.

Key takeaways:

•The evolving opportunity set across Europe vs the U.S.
•Private credit spread dynamics vs broadly syndicated loans and the role of illiquidity premium
•Underwriting discipline matters more than ever
•The growing influence of AI and the broader democratization of the asset class

Private credit continues to mature, but the core remains the same: disciplined underwriting, differentiated sourcing, and the ability to navigate across cycles.

#privatecredit

[Clearlake @clearlake]

We’re thrilled to share that Marcelia Freeman, Managing Director, Investor Relations, was named to The Wall Street Journal Pro Private Equity’s list of Women to Watch.

Since joining the firm in 2020, Marcelia has played a key role fundraising for CCP VII ($14.1B) and COP III ($2.5B), strengthening the firm’s global limited partner relationships and supporting the continued growth of the platform.

Congratulations to all the women named on the list.

https://t.co/KDdRkWptgV

[Clearlake @clearlake]

Clearlake is thrilled to sponsor the Women’s Private Equity Summit hosted by With Intelligence!

We’re proud to have strong representation from across our firm:

Marcelia Freeman, Managing Director, Clearlake Capital
Katharine Rutherford, Executive Director, Clearlake Capital
Emily Mullins, Principal, Clearlake Capital
Valerie Ruddick, Managing Director, Pathway Capital Management

They will be joining a distinguished community of LPs and GPs to discuss the shifting dynamics in private markets – from portfolio construction and co-investment strategies to policy-driven impacts on deal flow and leadership across the PE ecosystem.

#WomensPrivateEquitySummit #ClearlakeCapital #PrivateMarkets #Leadership

[Clearlake @clearlake]

From winners and losers in the AI disruption to Clearlake's 20th anniversary - and even what sports and software investing have in common - our Co-Founder and Managing Partner, José E. Feliciano covered a wide range of topics in conversation with MK Flynn at this week's PEI NEXUS conference.

Clearlake has been “very disciplined throughout the cycle. We only invested in those higher multiple companies when we saw there was a true moat around those companies - essentially in companies that are pretty much AI-native," said Feliciano.

Read more here:
https://t.co/hBIvOEoddu

#PEINEXUS

[Clearlake @clearlake]

Employees from our LA office came together to ride in Cycle for Survival – and what an incredible impact they made! Clearlake’s team was the third-largest fundraising team at the West LA event, raising an impressive $45,000 to support research for rare cancers.

We’re so proud of this team’s energy, commitment, and heart. Go Team Clearlake!!

[Clearlake @clearlake]

Gordon Neilly, Managing Director, Head of European Credit, recently spoke with Global Capital on European private credit lenders’ sharpened focus on credit quality amid recent defaults.

“Our emphasis is on cashflow lending, and we are beginning to see an increase in deals that are well suited to our client base,” said Gordon Neilly, head of credit Europe at Clearlake Credit.

Read more here:
https://t.co/itdTf9DotL

[Clearlake @clearlake]

Congratulations to Ben Kruger, Managing Director, on being named to Private Funds CFO’s 2026 New Faces of Finance list, which recognizes financial professionals under 40 who are making a meaningful impact on the private markets industry.

Not only is Ben an integral member of the investment team, Ben has co-led transactions including Constant Contact, Prime Source, and Crash Champions, and plays an important role in training and mentoring Clearlake's junior team members. Bravo Ben!

Read the full list here:
https://t.co/UonSvbn20v

[Clearlake @clearlake]

We recently had the pleasure of hosting approximately 25 Alternatives Fellows from SEO, a nonprofit dedicated to building pathways for high-achieving, diverse talent in finance. As a longtime SEO sponsor, our Co-Founder and Managing Partner, José E. Feliciano opened the day by discussing Clearlake's history and culture. Our team then led case studies on recent deals, followed by a panel exploring the culture and professional opportunities in the private equity industry. Proud to continue our long-standing partnership with SEO and to invest in the next generation of talent entering alternative investments.

[Clearlake @clearlake]

In a recent conversation with Bloomberg, James Pade, Partner and Managing Director, discussed the intensifying competition between private credit and banks and the advantage of credit platforms that combine private and liquid capabilities – among the many solutions offered by Clearlake Credit.

Read more here:
https://t.co/IG0jJcKMnj

[Clearlake @clearlake]

Happy Holidays from all of us at Clearlake.

Thank you to our investors, partners, portfolio companies, and colleagues for your trust and collaboration throughout the year. We look forward to building on our momentum and driving continued growth together in 2026. Wishing you a joyful and restful holiday season.

[Clearlake @clearlake]

Reflecting on 2025, Building for 2026

What does it take to thrive through market cycles?

For us, 2025 provided an answer – a year defined by global expansion, new partnerships, and the continued integration of our equity and credit platforms.

Highlights include the acquisition of MV Credit, the launch of Clearlake Credit, continued growth across our portfolio of 40+ platforms, and the pending acquisition of Pathway Capital Management.

As we enter our 20th year in 2026, our mission remains the same: to build enduring businesses through discipline, creativity, and conviction.

Explore our 2025 successes below ⬇️

#ClearlakeCapital #PrivateEquity #PrivateCredit #CLOs #AlternativeInvestments #PrivateMarkets

[Clearlake @clearlake]

Rafael Calvo, Managing Director and Head of Private Credit Portfolio Management, Europe, recently spoke with Alternative Credit Council’s for their annual report, Financing the Economy. The report digs into the continued growth of the private credit market and how it is demonstrating resilience as a core allocation in institutional portfolios.

Read more here.
https://t.co/OUqENgC1iK

[Clearlake @clearlake]

We’re proud to share that Clearlake Credit has been awarded Junior Lender of the Year for 2025 by Alternative Credit Investor. Congratulations to all of the honorees, and thank you to our clients for their continued trust and partnership.
Rafael Calvo, Nicolas Escribano, Guy Israel, Malek Ghali, Helene Barikmo, Carole Lambilliotte, Francois Decoeur, Emmanuel Petter, Devanshi Lahiri, Freya Field

[Clearlake @clearlake]

Clearlake Exits its Investment in Concert Golf Partners

We are pleased to announce the exit of our investment in Concert Golf Partners. Since investing in Concert Golf in March 2022, Clearlake leveraged its O.P.S.® framework to drive accelerated growth and transformation, doubling both revenue and profitability. A new investment from Bain Capital will support the Company’s continued growth.

José E. Feliciano, Co-Founder and Managing Partner, and Arta Tabaee, Partner and Managing Director, said:
“Our partnership with Concert Golf exemplifies the power of our sector-focused flexible investment strategy combined with our O.P.S.® approach in creating meaningful value. We are proud of what the team accomplished during our partnership and believe the Company is well-positioned for its next stage of growth.”

Thank you to CEO Peter Nanula and team, wishing them continued success.

Read more here: https://t.co/e6BjlW4Tws

[Clearlake @clearlake]

We’re expanding our platform. Clearlake has entered into a definitive agreement to acquire Pathway Capital Management, a global provider of private market solutions for institutional and wealth markets. This strategic acquisition broadens our reach across private credit, secondaries, and co-investments - driving greater scale, diversification, and new opportunities for institutional and individual investors.

José E. Feliciano and Behdad Eghbali, Co-Founders and Managing Partners, said:

“We are thrilled to welcome Pathway to the Clearlake family as we further expand our leadership in alternative investments. This partnership is designed to drive performance and deliver enhanced outcomes for clients across market cycles. Pathway’s long-standing track record and global reach complement our platform, and together we can offer broader access, deeper insights, and more tailored solutions — helping investors achieve better outcomes in an increasingly complex alternatives landscape.”

Read more: https://t.co/M4IilV7iOI

[Clearlake @clearlake]

Employees from our Santa Monica office, Jordan Runnells, Matt Phair, Ally Kracoff, Grace Lin, Charlye Sweeney, and Sam Brittingham, recently came together to participate in the Westside Food Bank’s Hunger Walk. Clearlake’s Impact Initiative was a proud sponsor and was named a top fundraising team helping to support those facing hunger across Los Angeles County.