Clearlake Capital Group, L.P.

Clearlake Capital Group, L.P. provides discretionary investment advisory services primarily to privately offered pooled funds, co‑investment vehicles and certain institutional accounts, including CLOs and a closed‑end registered investment company, managing roughly $83.6 billion of regulatory assets under management. Its clients consist mainly of pooled investment vehicles and institutional investors rather than individual retail clients.

The firm pursues special situations, distressed and value private equity investments across the capital structure and also operates a private‑credit platform, pursuing both control and non‑control opportunities and originating and managing collateralized loan obligations through its CCAM subsidiary. Investment decisions are supported by due diligence that may include outside legal, accounting and industry advisors and by operating executives and other advisors engaged to assist portfolio companies.

Compared with many peers, Clearlake maintains a multi‑office platform (nine offices) and discloses in its regulatory materials a range of affiliated operating businesses and marketing practices that go beyond a single fund manager — for example, it operates an affiliate CLO management and credit origination business (CCAM), has an affiliated broker‑dealer applicant and notes use of third‑party ratings and endorsement arrangements in its marketing and client materials. The firm is also pursuing a strategic acquisition of Pathway Capital Management, which the brochure describes as a materially larger private‑market solutions provider, a development that would broaden Clearlake’s product mix and distribution footprint.