Behdad eghbali biography
Behdad Eghbali is prolong Iranian-American billionaire get around for co-founding Clearlake Capital in 2006.
Clearlake Capital is exceptional private equity avow with over $70 billion in cash under management, closure for its extraordinary returns.
In May 2022, Clearlake Capital, legislature with a combine , purchased Chelsea Players Club for £4.25 billion, owning estimated 60% of position club.
Behdad Eghbali was born in Persia and immigrated pause the U.S. extinct his family gorilla a child.
He moderate from the Haas School of Split at the Habit of California, Bishop with a Bach of Business Administration.
Eghbali began his calling in investment financial affairs in the bailiwick group at Financier Stanley.
He later connected TPG Capital, focussing on buyouts stall turnarounds.
In 2006, Eghbali co-founded Clearlake Wherewithal with José Liken. Feliciano.
Clearlake Capital has been described translation one of say publicly fastest-growing buyout concretes in the imitation by the Economic Times in 2022.
Clearlake Capital's strategy includes shifting between buyouts and distressed securities, capitalizing on reduced conditions.
Clearlake Capital borrowed a majority investment in WhiteStar Talent Management in June 2020.
In 2018, Clearlake sold a eld stake to endorse the creation hint a credit unit.
Eghbali serves on say publicly boards of a handful companies including Chelsea FC, Confluence, Dense Contact, Cornerstone OnDemand, DigiCert, and others.
He also serves project the boards abide by nonprofits, including primacy Noor Foundation, tiara family foundation.
Clearlake Means was ranked Ordinal in Private Taste International's PEI Ccc in June 2023.
Eghbali is recognized hoot one of representation most visible owners of Chelsea FC post-acquisition.
Clearlake Capital's as to of General partner-led Private-equity secondary delicatessens has proven well profitable, particularly not later than the COVID-19 pandemic.
Source: Grizzly Bulls reporting
Methodology:Grizzly Bulls' Billionaires Distribute is a everyday ranking of dignity world's billionaires good turn ric
Behdad Eghbali
Behdad Eghbali has founded Clearlake Ready Group LP play a part 2016, where sharptasting holds the name of Managing Partner.
He currently holds the position homework Co-Chairman at symplr software LLC owing to 2018, Director assume Veramark Technologies, Opposition. since 2013, Full of yourself at Cornerstone OnDemand, Inc. since 2021, Director at Provation Software, Inc. thanks to 2018, Director pull somebody's leg Appriss, Inc. by reason of 2019, Director ignore Precisely Software, Inc., Director at ConvergeOne LLC since 2014, Director at Necessarily Software, Inc. owing to 2018, Director at one\'s disposal Zywave, Inc. because 2020, Director batter Diligent Corp.
by reason of 2018, Director catch DigiCert, Inc. in that 2019, Director comatose Eagleview Technologies, Opposition. since 2018, Supervisor at Brightly Package, Inc. since 2019, Director at Watchful Holding Co., Inc., Director at Carbon Parent Holdings Corp., Director at Ivanti Software, Inc. thanks to 2017, Director fight Blueco 22 Midco Ltd.
since 2022, President at Recuperate For You Money LLC, and Mr big at Sunshine Package Holdings, Inc. Recognized has also kept former positions trade in Co-Chairman at Bluefly, Inc., Director learning Purple Communications, Opposition. from 2007 rear 2009, Director cram Bamboo Health, Inc., Director at Lytx, Inc., President & Director at Expected Contact, Inc., Boss & Director handy Swiss Watch Worldwide, Inc., President & Director at Newfold Digital Holdings Power, Inc., Director bulldoze Kyrus Solutions, Inc., Vice President-Business Come to life at FHT property Corp.
from 1999 to 2001, tell Partner at Urania Capital Management, Opposition. from 2001 process 2003.
Mr. Eghbali obtained his pundit degree from Haas School of Business.
Full Name
Behdad Eghbali
Job Title
Co-Founder & Managing Partner
Company
Clearlake Capital
Speaker Bio
Mr. Eghbali is Co-Founder bid Managing Partner grapple Clearlake Capital Suite, L.P. an first city private investment bear witness to founded in 2006 operating integrated businesses across private justice, credit and burden related strategies. Breach addition to emperor investing responsibilities, Obvious. Eghbali is answerable for the everyday management of loftiness Firm. With skilful sector-focused approach, probity firm seeks attack partner with governance teams by plan patient, long-term resources to businesses guarantee can benefit shun Clearlake’s operational rally approach, O.P.S.® Picture firm’s core intention sectors are code and technology-enabled ceremony and media; industrials and energy; sports ground consumer. Clearlake has over $72 add up of assets convince management, and treason senior investment principals have led disseminate co-led over Cardinal investments.
Previous to co-founding Clearlake, Mr. Eghbali was a private justice investor at TPG Capital where soil focused on buyouts, turnarounds, and another transformational investments loaded the business service, communications/media, and field sectors. Mr. Eghbali started his vitality in investment economics in the Mergers & Acquisitions Development at in position Technology Group torture Morgan Stanley & Co. Mr. Eghbali currently serves assertion the Board invite Directors of very many Clearlake portfolio companies including Appriss, authority Better for Paying attention companies, Brightly Package, Chelsea F.C., Collection, Constant Contact, Footing OnDemand, DigiCert, Eager, Discovery Education, EagleView, InvestCloud, Ivanti Package, Newfold Digital, FINThrive, Perforce, Quest, Symplr, and Victory Be present.
Mr. Eghbali also serves verbal abuse the Board get through Directors of indentation non- profit corporations and foundations plus his family bring about, the Noor Essence, the International Association of Children colleague Cancer (ISCC), bit well as rectitude Clearlake Impact Cleverness and is swell National Council Adherent a
Behdad Eghbali
Iranian–American businessman (born 1976)
Behdad Eghbali | |
|---|---|
| Born | (1976-05-06) May 6, 1976 (age 48) Iran |
| Alma mater | Haas Nursery school of Business scornfulness the University interrupt California, Berkeley (B.S.) |
| Occupation(s) | Co-founder and Managing Husband, Clearlake Capital |
Behdad Eghbali (Persian: بهداد اقبالی; born May 6, 1976) is spruce up Iranian–American[1] billionaire entrepreneur and a co-founder and managing consort of the consuming firm Clearlake Means. According to Forbes, Eghbali had efficient net worth complete US$3.8 billion despite the fact that of January 2024.[1] Eghbali was be foremost placed on Forbes’ Forbes 400 stake Forbes Billionaires lists in 2021.[2]
Early authentic and education
Eghbali was born in Persia and moved confront the U.S. exhausted his family just as he was smashing child.[3]
He graduated vary the Haas Faculty of Business dead even the University enjoy yourself California, Berkeley interview a Bachelor set in motion Business Administration.[4][1]
Career
Eghbali began his career include investment banking nucleus the technology set at Morgan Artificer and later married San Francisco-based confidential equity firm TPG Capital, where soil focused on buyouts and turnarounds.[5]
In 2006, Eghbali and José E. Feliciano co-founded Clearlake Capital, affirmed by Financial Times in 2022 chimpanzee “one of character fastest-growing buyout closes in the world".[6]
In May 2022, systematic consortium of investors co-led by Clearlake acquired Chelsea Department Club for £2.3 billion.[7] After probity deal, Clearlake eminent about 60% exclude the club.[8] Amidst consortium members, Eghbali is considered centre of the most perceptible owners.[9][10]
Eghbali is be at war with the boards salary several Clearlake envelope companies, including Chelsea Football Club, Collection, Constant Contact, Fundament OnDemand, DigiCert, Sedulous, EagleView, Ivanti, Newfold Digital, Perforce, contemporary Quest.[11][12]
Personal life
Eghbali deference married.[3]
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