Home / transaction / Berkshire Global Advisors client Clearlake Capital has received a minority investment from Dyal Capital Partners, (a division of Neuberger Berman), Goldman Sachs Asset Management’s Petershill program, and existing partner Landmark Partners.
Berkshire Global Advisors client Clearlake Capital has received a minority investment from Dyal Capital Partners, (a division of Neuberger Berman), Goldman Sachs Asset Management’s Petershill program, and existing partner Landmark Partners.
  • Has received investment from
  • Berkshire Global Advisors client Clearlake Capital has received a minority investment from Dyal Capital Partners, (a division of Neuberger Berman), Goldman Sachs Asset Management’s Petershill program, and existing partner Landmark Partners.

  • Date: May 2018
  • Sector: Private Markets – Private Equity / Credit
  • Sub-Sector: Other
  • Region: North America | Private Markets – Private Equity / Credit
  • Seller AUM: $6 Billion
  • Seller Details
    Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are industrials and energy; software and technology-enabled services; and consumer. Clearlake has managed approximately $7 billion of institutional capital since inception and its senior investment principals have led or co-led over 100 investments.

    Buyer Details
    Dyal Capital Partners, a division of Neuberger Berman Group, seeks to acquire minority equity interests in institutional alternative asset management businesses worldwide. Dyal Capital Partners was established in 2011 and currently has 30 minority partnerships.

    Goldman Sach’s Alternative Investments & Manager Selection (AIMS) Group provides investors with investment and advisory solutions across leading private equity funds, hedge fund managers, real estate managers, public equity strategies and fixed income strategies. The Petershill Strategies are a part of the AIMS Group.

    Landmark Partners specializes in secondary market transactions of private equity, real estate and real assets investments, with approximately $25 billion of AUM. Founded in 1989, the firm has one of the longest track records in the industry and is a leading source of liquidity to owners of interests in real estate, real asset, venture, mezzanine and buyout limited partnerships.

    Transaction Summary
    Clearlake Capital Group, L.P., a leading global private equity and alternative asset investment firm, announced today that Dyal Capital Partners, a division of Neuberger Berman, and Goldman Sachs Asset Management’s Petershill program, along with existing partner, Landmark Partners, have made a strategic minority investment in Clearlake.

    Under the terms of the transaction, the passive, non-voting minority stake will provide permanent capital to significantly increase the firm’s investments in its own funds and to support the development of initiatives that capitalize on the firm’s sector-focused approach coupled with its unique integration of private equity, special situations, and credit capabilities.