$5.5 billion
up 12.9%
Eghbali and José E. Feliciano launched Clearlake Capital in 2006 and have built it into a global firm with more than $90 billion in assets under management. The Santa Monica-based outfit now runs strategies across private equity, private credit and liquid credit. Clearlake’s deal flow has stayed busy, with a recent buyout of health care software company ModMed valued at $5.3 billion and the buyout of Dun & Bradstreet valued at $7.7 billion.Global reach: Born in Iran and raised in California, Eghbali, 49, studied business at UC Berkeley before stints at TPG and Morgan Stanley. He has become more visible abroad thanks to Clearlake’s high-profile role at Chelsea FC. Behind the scenes: At home he keeps a lower profile, living in Malibu and serving on several nonprofit boards, including his family foundation, as well as the Clearlake Impact Initiative and the Board of Trustees at the American Enterprise Institute.
