for $3 billion. Or by navigating to the user icon in the top right. . 18:00, 14 FEB 2023 Updated 18:02, 14 FEB 2023 By continuing to browse, you hereby agree to the use of cookies. These cookies do not store any personal information. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Mr. Behdad Eghbali is a Co-Founder & serves as Managing Partner at Clearlake Capital Group. 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. 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. California-based Clearlake, run by cofounders and managing partners Jos E. Feliciano and Behdad Eghbali, invests in technology, industrials, and consumer companies. You're content, your asset is that play and I think the opportunity to make it a platform is there. The private equity. What are you focused on with a European investment? One interesting data point, is cumulative market cap, use the Forbes value of NFL teams probably 150-155 billion, the Premier League, La Liga, France, Italy I think you're probably 30 billion, fanbases of maybe 3-4 billion globally compared to 200 million and that's being generous to the NFL. It struck a high-profile deal . Prior to co-founding Clearlake, Mr. Eghbali was a private equity investor at TPG. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlakes operational improvement approach,O.P.S.The firms core target sectors are industrials and energy; software and technology-enabled services; and consumer. We've done it with other assets. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has partnered in, Total number of current Jobs the person has, Number of news articles that reference the Person, Co-Founder & Managing Partner at Clearlake Capital Group. Martin Arzac, Managing Director Prior to joining Clearlake, Mr. Arzac was a Managing Director at Deutsche Bank, and prior to that, he was a Director at UBS Investment Bank and an Analyst at DLJ. kristin@blicksilverpr.com, Jennifer Hurson Venture capitalists usually have an exit strategy, how does that mesh with ownership? Baseball all-star game, talent competition, draft generates 2/300 million of revenue on a Monday, or Tuesday. 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. [3][5][6][7], Clearlake Capital was founded in 2006 by Steven Chang, Behdad Eghbali and Jos E. Kristin Celauro 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. As the popularity of e-bikes grow, it's important for insurance companies to become educated on these vehicles and the laws surrounding them. $2.5 billion, according to our most recent tally. Clearlake was established in 2006 and is currently managed by Jos E. Feliciano and Behdad Eghbali (the "Co-Founders"). Brad Kottman joined Clearlake in 2017. 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. Eghbali (45) and Feliciano (48) co-founded Clearlake Capital together in 2006; Feliciano and Jones are married. cookies Winning on the pitch, you can do it efficiently as opposed to not, but you have to do that to have commercial success. 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 to the success of our portfolio companies but also made key contributions to the firm's culture and values. 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. . 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. The Clearlake team members promoted to Partner and/or Managing Director include: Fred Ebrahemi, Partner, Managing Director, General Counsel, and Chief Compliance Officer, joined Clearlake in 2014 and is responsible for providing legal advice during the execution of private equity transactions and other investments, legal oversight of portfolio companies and firm operations, and firm regulatory and legal compliance. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. "We are excited to be partnering with Sharon to create a leading web presence platform that will benefit from significant economies of scale to drive growth in an attractive market," said Behdad Eghbali, Founder and Managing Partner, and James Pade, Partner of Clearlake. organisation A gateway to South America, a gateway to European visas, the French market is interesting given the quality of the league, given frankly quality, French speakers in Africa. var __dcid = __dcid || []; Streamline your next board meeting by collating and collaborating on agendas, documents, and minutes securely in one place. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. For cost savings, you can change your plan at any time online in the Settings & Account section. Clearlake was founded by Jose Feliciano and Behdad Eghbali in 2006 and manages $8 billion of assets. We support credit card, debit card and PayPal payments. Even they've made money on it. Clearlake Capital was founded in 2006 by Steven Chang, Behdad Eghbali and Jos E. Feliciano. 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. Behdad Eghbali cofounded Clearlake Capital in 2006 with Jose E. Feliciano. Comments are Off, Firm Names Five New Partners and Managing Directors and Adds Three Managing Directors. The league-wide thoughtful management that exists in most US leagues doesn't there, it's more of a collective confederacy of teams that maybe work together but not always. With more than 20 years of related experience, Mr. Urrutia is responsible for the management of Clearlakes corporate accounting and operations departments. More information is available atwww.clearlakedev.wpengine.com. Photo Illustration by Cora Veltman, Paul Spinelli via AP. The Dodgers, you mentioned Todd, they have a farm team in Uganda. Clearlake Capital. At Chelsea or AC Milan levels, these are the premium teams, the premium payrolls in respective leagues. 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. 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. He served as Board Member at Vision Solutions, JetSmarter and Lytx. [15][16] In 2020 the merged company rebranded to Precisely. There are teams in the Premier League that spend 10% of what the top five or six teams spend on payroll. -Behdad Eghbali; source: SporticoLive via Football.London The only thing we have to keep in mind is that none of this will happen overnight. Biography. Behdad Eghbali serves as a member of the Board of Directors for Diligent. All rights reserved. We think there's a path to controlling labour costs and still producing a winning product using data, using the multi club. Clearlake has managed over $8 billion of institutional capital since inception and its senior investment principals have led or co-led over 100 investments. 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. The growth of Clearlakes differentiated alternative investment platform and our proprietary approach to operational improvement,O.P.S., is supported and enhanced every day by their dedication and hard work.. Teams that are better run in second-tier markets that you're buying at revenue multiples and revenue multiples matter in so far as you can structurally make money. The billionaire private equity founders behind the recent . We think early days and you look at the track record of folks who have invested, there are certainly folks who have lost money, but for every one or two bad investors, the well-run clubs there have been a lot of good success stories and we think we are embarking on one but a lot of work to do to accomplish it. Joe Biden teaches the EU a lesson or two on big state dirigisme, Elon Musks Twitter is dying a slow and tedious death, Who to fire? We think the individual club is stronger. Behdad Eghbali cofounded Clearlake Capital in 2006 with Jose E. Feliciano. Clearlake Capital earlier this year led a consortium of investors in the purchase of Chelsea . These are prize teams that are teetering on the edge of relegation or teams that are second division, appropriately are priced for it. We're all in - 100% - every minute of every match. 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. Email. Behdad Eghbali Forbes 400 Rank: #340 Net Worth: $3 . To succeed in this competitive field, businesses must focus on technology and consider new emerging factors. On this Wikipedia the language links are at the top of the page across from the article title. In May 2022, Clearlake Capital joined billionaire investor Todd Boehly to buy English soccer team Chelsea FC; the firm is known for buying software, industrial and consumer products companies. The firms core target sectors are software and technology-enabled services, industrials and energy, and consumers. Our vision as owners is clear: we want to make the fans proud," a statement read. Despite the pandemic, multibillion-dollar fortunes are still being minted in America. offers FT membership to read for free. Necessary cookies are absolutely essential for the website to function properly. (function(){var cid=document.createElement("script");cid.async=true;cid.src="//seal.digicert.com/seals/cascade/seal.min.js";var s = document.getElementsByTagName("script");var ls = s[(s.length - 1)];ls.parentNode.insertBefore(cid, ls.nextSibling);}()); We use cookies to enhance your user experience. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea's remarkable history of success.". Ian, what you've done with Blitz is not start with the large market club and frankly built a nice network of clubs that have cohesion and symmetry. For more information, visit our Privacy Policy. 1452. In 2021, Clearlake and TA Associates reacquired Precisely for $3.5 billion. Structurally, given how botched that effort was to create something else, does anyone have any appetite for anything that sounds like that. Amanda Fields-Schuler Prior to joining Clearlake, Ms. Fields-Schuler was a consultant at Stax Inc. and an Associate Intern, Technology Investment Banking at Bank of America Merrill Lynch. I think that's less of an issue. [10], In June 2020, Clearlake acquired a majority interest in WhiteStar Asset Management from Pine Brook Road Partners. Reflects change since 5 pm ET of prior trading day. [17][18], On May 30, 2022, a consortium of investors co-led by Clearlake and Todd Boehly acquired Chelsea F.C. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. 600million in the past two transfer windows, Chelsea make four major goalkeeping decisions as Todd Boehly receives fresh transfer plan, Graham Potter has already shown who may replace Reece James for Chelsea vs Leeds United, Chelsea have a number of injury issues heading into the match against Leeds United with Reece James' availability a key issue for Graham Potter to resolve as he tries to turn the club's fortune around, Full Chelsea squad revealed for Leeds clash amid Reece James injury update, Chelsea news: The Blues could rest a number of players ahead of their crunch Champions League tie against Borussia Dortmund, Chelsea handed Joao Felix alternative on summer free transfer after major Liverpool decision, Chelsea transfer news: Striker Joao Felix could be an option for the Blues this summer, but a far cheaper option could be on the cards if Toff Boehly wants to save some money, Chelsea news and transfers LIVE: Reece James injury, Graham Potter sacking decision, Leeds team news, Chelsea news: Catch all the biggest headlines including updates on Graham Potter, Luis Enrique and Mason Mount, We simulated Chelsea vs Leeds to get a Premier League score prediction, Chelsea host Leeds United in the Premier League on Saturday afternoon in what is a must win clash for Graham Potter, so we simulated the game to predict the outcome, Graham Potter confirms huge Chelsea injury news ahead of crunch Leeds clash, Chelsea have been dealt a significant blow ahead of a pivotal week for the side, with Graham Potter confirming an update on key man Reece James, Manchester United renew interest in Chelsea target Frenkie de Jong amid Barcelona worry, Chelsea battled Manchester United for Barcelona star Frenkie de Jong last year, and could face another transfer tussle this summer amid the Spanish club's financial worries, Southampton coach sends Romeo Lavia message amid Chelsea and Man Utd transfer links, Chelsea have been tipped to target Saints midfielder Romeo Lavia this summer but could face a battle with Man Utd, and have been sent a message by the Southampton boss, Reiss Nelson can replace Eddie Nketiah as Mikel Arteta is without Arsenal stars vs Bournemouth, Arsenal welcome Bournemouth to the Emirates Stadium this afternoon (Saturday) with the chance to make it four straight wins in the Premier League, We simulated Arsenal vs Bournemouth to get a Premier League score prediction, Arsenal host Bournemouth in the Premier League on Saturday, so we simulated the clash to try and predict the final score and the results were not as you may expect, Arsenal fans love what Jorginho has done for Bournemouth clash as club announce campaign, Arsenal supporters have already shown their appreciation for a new initiative launched for the clash with Bournemouth as the north London side continue to enhance the Emirates Stadium experience, Brighton vs West Ham LIVE: Kick-off time, confirmed team news, goal and score updates, Live coverage as West Ham United look to move further clear of the Premier Leagues relegation zone when they take on Brighton and Hove Albion at the Amex Stadium - including team news and analysis, Emmanuel Petit gives Zinedine Zidane to Chelsea verdict amid stinging Todd Boehly attack, Emmanuel Petit has given his verdict on the speculation linking Zinedine Zidane with the Stamford Bridge hot seat amid Graham Potter's struggles, with a stinging barb launched at Todd Boehly, Man Utd are football's Ferrari as Arsenal show Alpine way to glory - F1 meets the Premier League, As a new season of F1 gets under way, football.london takes a look at how the likes of Ferrari and the other constructors on the circuit match up to the Premier League's teams, Chelsea vs Leeds United LIVE: Kick-off time, TV channel, confirmed team news and goal updates, football.london'slive coverage of Chelsea vs Leeds United in the Premier League at Stamford Bridge as Graham Potter's side look to alleviate pressure on the manager with a first win in seven, Paul Merson sends Mikel Arteta message as praise heaped on Arsenal star who has 'bounced back', Paul Merson has insisted that the Premier League title is Arsenal's to lose as two Gunners stars were singled out for their impressive performances in recent weeks, Arsenal news and transfers LIVE: Eddie Nketiah concern, Jesus in training, Moises Caicedo blow, Arsenal news: Join us for all the latest Gunners transfer gossip and injury news ahead of the clash against Bournemouth, including updates on Eddie Nketiah, Gabriel Jesus and Moises Caicedo, Chelsea news and transfers LIVE: Graham Potter sacking decision, Luis Enrique claim, Mount exit, Graham Potter reveals how Chelsea can replace Thiago Silva as gives verdict on squad support, Chelsea are in desperate need of a victory as they take on Leeds United in Premier League action at Stamford Bridge tomorrow evening, Predicted Chelsea team vs Leeds Silva replacement decided, Aubameyang finally returns, Chelsea are in desperate need of a Premier League victory as they welcome Leeds United to Stamford Bridge this afternoon, Every word Mikel Arteta said on Eddie Nketiah injury, Gabriel Jesus Arsenal return and Zinchenko, The Gunners boss has spoken to the media ahead of his side's Premier League clash with Bournemouth at the Emirates Stadium on Saturday afternoon, Every word Graham Potter said on his Chelsea future, Silva, James, Azpilicueta, Mount, Kante, The Chelsea head coach faced the media ahead of tomorrow's Premier League clash against old foes Leeds United at Stamford Bridge, Christian Pulisic's Chelsea teammates hand Graham Potter Leeds United return instruction, Chelsea news: Christian Pulisic is expected to be in Graham Potter's squad for today's Premier League clash with Leeds United after missing the last two months of action with a knee injury, Arsenal drop early team news hint with Mikel Arteta to reward 'top player' vs Bournemouth, The likes of Bukayo Saka and Martin Odegaard have stolen the headlines this season for their creative excellence but Gabriel Magalhaes and William Saliba have been just as important.
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