#USA #Santa Monica #Clearlake Capital #MV Credit #Clearlake Credit

Clearlake Capital’s New Frontier: Introducing Clearlake Credit

Clearlake Capital Group, L.P., an investment firm established in 2006, has officially introduced its latest initiative, Clearlake Credit. This announcement follows the firm’s strategic acquisition of MV Credit, a notable player in the European private credit space, and aligns with Clearlake’s ongoing commitment to provide innovative capital solutions to dynamic businesses across the globe.

Strategic Milestone: The MV Credit Acquisition

The acquisition of MV Credit represents a significant addition to Clearlake’s portfolio. MV Credit is renowned for its expertise in private credit, and this move not only enhances Clearlake’s existing credit business but also integrates WhiteStar Asset Management, acquired in 2020. This consolidation means Clearlake Credit now oversees an impressive $57 billion in credit investments, both liquid and illiquid, underscoring the firm's robust position in the global credit market.

José E. Feliciano, Co-Founder and Managing Partner of Clearlake, emphasized the importance of this launch, stating, "While credit has always been core to our strategy, we're proud to officially launch Clearlake Credit to meet the market's demand for flexible capital solutions." The initiative comes at a time when the need for accessible and adaptable financing options is paramount in the ever-evolving financial landscape.

Expanding Capital Solutions: A Comprehensive Approach

Clearlake Credit aims to deliver comprehensive capital solutions tailored to the needs of various businesses. The platform is set to underwrite investments of up to $1 billion, focusing on two primary types of capital solutions:

1. Private Credit: This encompasses a range of offerings, from senior and junior debt to structured and hybrid equity options aimed at sponsor-backed companies globally. Clearlake plans to leverage its extensive relationships with founders and management teams to foster growth and success.
2. Liquid Credit: This segment includes investments in senior secured loans and other credit instruments across the secondary markets, with significant capabilities in U.S. and European CLO investments. Utilizing a detailed and fundamental approach to credit underwriting, Clearlake is poised to identify and capitalize on promising investment opportunities.

A Team of Experts at Work

Clearlake’s operation is backed by a talented global team of over 230 professionals stationed in strategic locations, including Santa Monica, Dallas, London, Dublin, Luxembourg, Abu Dhabi, and Singapore. This diverse and experienced team will be instrumental in executing Clearlake Credit's mission to enhance the firm’s services in the private credit arena.

As Behdad Eghbali, Co-Founder and Managing Partner at Clearlake, commented, "The official launch of Clearlake Credit will not only bolster our global standing in the credit market but also significantly expand our capabilities in Europe." With an impressive track record of investments across multiple credit cycles, Clearlake is set to capitalize on current market opportunities and further expand its credit offerings.

Looking Ahead: The Future of Clearlake Credit

Clearlake's commitment to operational improvement and long-term strategic partnerships positions it well for future endeavors. With $90 billion in assets under management and growing, Clearlake is poised to continue evolving its strategies in alignment with market demands. The firm’s sector-focused approach emphasizes technology, industrials, and consumer sectors, making it a versatile player in the investment landscape.

To discover more about how Clearlake Credit can support corporate needs such as acquisitions, refinancing, growth capital, and dividends, visit Clearlake Credit for additional insights and partnership opportunities.

This launch exemplifies Clearlake Capital’s evolution and adaptability in a complex financial environment, ensuring that it meets the ever-changing demands of the global credit market.