Behdad Eghbali

Behdad Eghbali 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.[1] Eghbali was first placed on Forbes’ Forbes 400 and Forbes Billionaires lists in 2021.[2]

Behdad Eghbali
Alma materHaas School of Business at the University of California, Berkeley (B.S.)
Occupation(s)Co-founder and Managing Partner, Clearlake Capital

Early life and education

Eghbali graduated from the Haas School of Business at the University of California, Berkeley with a Bachelor of Business Administration.[3][1]

Career

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.[5] 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.[4]

References
  1. "Behdad Eghbali". Forbes. Retrieved 4 March 2024.
  2. "The Richest Private Equity Billionaires On The Forbes 400 List 2021". Forbes. Retrieved 20 March 2024.
  3. "Who are the nine members of Chelsea's new board?". The Athletic. Retrieved 4 March 2024.
  4. "24. Behdad Eghbali". LA Business Journal. 9 September 2022. Retrieved 6 March 2024.
  5. "Inside the low-profile firm behind Boehly's buyout of Chelsea". Financial Times. Retrieved 6 March 2024.
  6. "Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout Fund". Forbes. Retrieved 6 March 2024.
  7. Law, Matt (25 September 2023). "Behdad Eghbali ignores Todd Boehly backlash to make Chelsea dressing room visits". Telegraph. Retrieved 6 March 2024.
  8. Brewin, John (27 December 2023). "Todd Boehly, Chelsea's self-styled revolutionary, is facing failure". The Guardian. Retrieved 6 March 2024.
  9. "Who are the nine members of Chelsea's new board?". The Athletic. Retrieved 8 March 2024.
  10. "Behdad Eghbali". SportiConference. Retrieved 8 March 2024.
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