Clearlake
Private equity and credit asset manager for institutional investors.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Clearlake Capital Group, L.P.
- Entity type
- COMPANY
- Founded
- 2006
- Headquarters
- United States
- Official website
- clearlake.com
What Clearlake does
Clearlake operates a fund management model. It forms investment vehicles, raises commitments from institutional limited partners, allocates capital into private equity and credit opportunities, and manages those assets over a multi-year holding period. Value is created through disciplined deal sourcing, sector specialisation, operational improvement, add-on acquisitions, capital structure optimisation, and eventual exits. The business combines annuity-like fee income with performance-linked upside from successful realisations.
Category differentiation
This is a private equity and credit asset manager, not a software vendor, adtech company, or operating business. It invests in and manages portfolio companies rather than selling enterprise applications directly.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Clearlake Capital Group, L.P. is a private alternative asset manager focused on private equity and credit. The firm raises capital from institutional limited partners and deploys that capital through sector-focused investment platforms, with a stated emphasis on operational improvement and value creation across portfolio companies. Its public materials show substantial scale, including more than $185 billion in assets under management and multiple large flagship fund closes through June 2026. Clearlake generates revenue primarily from recurring management fees on committed or managed capital and from carried interest tied to realised investment performance. Its customers are institutional investors such as pension funds, endowments, sovereign entities, family offices, and other professional allocators seeking exposure to private market strategies. The firm creates value by sourcing acquisitions, improving portfolio company performance, supporting growth and consolidation, and exiting investments through sales, recapitalisations, or public listings.
Company news briefing
Briefing updated:
Clearlake Capital Group has expanded its credit platform through the acquisition of MV Credit, increasing its assets under management to $90 billion. Portfolio companies Quest Software and ModMed have prioritised inorganic growth through the acquisitions of Anetac and Bonsai Health, specifically targeting advancements in agentic AI and patient engagement. Additionally, the firm has facilitated several senior leadership transitions, appointing new Chief Executive Officers at United Site Services and symplr to oversee the next phase of operational development across its diversified portfolio.
Business model & monetisation
The firm monetises through management fees charged on assets under management or committed capital, plus performance-based carried interest earned when investments generate returns above required thresholds. Additional economic value is realised through portfolio company exits, dividend recapitalisations, refinancing events, and appreciation in underlying asset value across buyout, credit, and opportunistic strategies.
- Management fees on committed or managed capital
- Service Fee
- Carried interest from realised investment gains
- Percentage Take-Rate
- Co-investment and related fund economics
- Percentage Take-Rate
Products & capabilities
No products with linked sources are available in this view.
Subsidiaries & acquisitions
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- Perforce Software
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- Discovery Education
K-12 digital curriculum and classroom software platform.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Clearlake Capital and Google Cloud Form Strategic Partnership to Deliver Full-Stack Enterprise AI Across Portfolio Companies
Recorded impact score: 4/5
Clearlake Capital and Google Cloud have formed a strategic partnership to deliver full-stack enterprise AI across portfolio companies, as announced on the company's news page.
Explore company relationships
Questions about Clearlake
What is Clearlake?
Clearlake is a private alternative asset manager focused on private equity and credit investment strategies.
Who uses Clearlake?
Clearlake is used by institutional investors and other professional limited partners allocating capital to private market funds.
How does Clearlake make money?
Clearlake earns management fees on assets under management and carried interest from realised investment returns.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
16 publicly documented primary sources and citations linked across the market graph.
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