Fund Overview:
Clearlake Capital Partners VIII is a limited partnership established in 2023 and registered in Delaware, USA. The fund was founded by Clearlake Capital Group in 2006 and specializes in private equity and credit investments, primarily in North America. The group manages and operates 12 investment funds, with total assets under management (AUM) amounting to approximately $81 billion. The fund’s initial closing took place in December 2023, and the final closing is expected by the end of 2024, with a fundraising target of $15 billion. Clearlake Capital Partners VIII has a feeder fund associated with IBI International Funds, a new company focused on marketing alternative fund products. Under the management of Alex Ziser, this company provides access to global alternative funds selected for target populations that lack the necessary investment volume required by the main fund.
 
Investment Strategy:
The fund’s investments are based on an “All Weather” approach designed to capitalize on investment opportunities across various market conditions. Clearlake Capital Partners VIII specializes in several sectors and relies on its experience in the equity and credit markets. It targets investments in complex financial structures, including equity and debt. The fund aims to create value in its portfolio companies by actively collaborating with their management teams, finding creative solutions to operational challenges, and exerting control and influence over strategic decisions.