Clearlake Capital Hits $7.5b Milestone; Targeting $15b Buyout Fund VIII

Clearlake Capital Group has successfully raised $7.5 billion for its eighth buyout fund, reaching nearly half of its $15 billion target and setting a $16.7 billion hard cap. This latest milestone underscores the firm’s robust fundraising capabilities and investor confidence. Clearlake’s Fund VIII aims to capitalize on opportunities in sectors such as technology, industrials, and consumer services. This fundraising achievement follows a series of successful exits, with gross realizations of $17 billion between 2021 and 2023, nearly tripling the volume from 2018 to 2020. The firm continues to leverage its operational improvement strategies and sector expertise to drive value creation in its portfolio companies.