Behdad Eghbali | |
Alma Mater: | Haas School of Business at the University of California, Berkeley (B.S.) |
Occupation: | Co-founder and Managing Partner, Clearlake Capital |
Behdad Eghbali (Persian: بهداد اقبالی) is an Iranian–American[1] businessman, investor, co-founder and managing partner of investment firm Clearlake Capital. According to Forbes, Eghbali had a net worth of $3.8 billion as of January 2024. Eghbali was first placed on Forbes’ Forbes 400 and Forbes Billionaires lists in 2021.[2]
Eghbali graduated from the Haas School of Business at the University of California, Berkeley with a Bachelor of Business Administration.[3]
Eghbali began his career in investment banking in the technology group at Morgan Stanley and later joined San Francisco-based private equity firm TPG Capital, where he focused on buyouts and turnarounds.[4]
In 2006, Eghbali and José E. Feliciano co-founded Clearlake Capital, described by Financial Times in 2022 as “one of the fastest-growing buyout firms in the world".[5]
In May 2022, a consortium of investors co-led by Clearlake acquired Chelsea Football Club for £4.25 billion. After the deal, Clearlake owned about 60% of the club.[6] Among consortium members, Eghbali is considered among the team’s most visible owners.[7] [8]
Eghbali serves on the boards of several Clearlake portfolio companies, including Chelsea Football Club, Confluence, Constant Contact, Cornerstone OnDemand, DigiCert, Diligent, EagleView, Ivanti, Newfold Digital, Perforce, and Quest.[9] [10] He also serves on the boards of nonprofits, including Noor Foundation, his family foundation.