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Behdad Eghbali

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Behdad Eghbali
Born (1976-05-06) May 6, 1976 (age 48)
Alma materHaas School of Business at the University of California, Berkeley (B.S.)
Occupation(s)Co-founder and Managing Partner, Clearlake Capital

Behdad Eghbali (Persian: بهداد اقبالی; born May 6, 1976) 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 US$3.8 billion as of January 2024.[1] Eghbali was first placed on Forbes’ Forbes 400 and Forbes Billionaires lists in 2021.[2]

Early life and education

Eghbali was born in Iran and moved to the U.S. with his family when he was a child.[3]

He graduated from the Haas School of Business at the University of California, Berkeley with a Bachelor of Business Administration.[4][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.[5]

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".[6]

In May 2022, a consortium of investors co-led by Clearlake acquired Chelsea Football Club for £2.3 billion.[7] After the deal, Clearlake owned about 60% of the club.[8] Among consortium members, Eghbali is considered among the most visible owners.[9][10]

Eghbali is 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.[11][12]

Personal life

Eghbali is married.[3]

He is on the boards of nonprofits, including Noor Foundation, his family foundation.[5]

References

  1. ^ a b c "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. ^ a b "Behdad Eghbali". Forbes.
  4. ^ "Who are the nine members of Chelsea's new board?". The Athletic. Retrieved 4 March 2024.
  5. ^ a b "24. Behdad Eghbali". LA Business Journal. 9 September 2022. Retrieved 6 March 2024.
  6. ^ "Inside the low-profile firm behind Boehly's buyout of Chelsea". Financial Times. Retrieved 6 March 2024.
  7. ^ "The Chelsea ownership crisis: Why Clearlake and Boehly's marriage is at breaking point". The Athletic. 9 September 2024. Retrieved 9 September 2024.
  8. ^ "Clearlake Follows Its Chelsea Deal With A $14.1 Billion Buyout Fund". Forbes. Retrieved 6 March 2024.
  9. ^ Law, Matt (25 September 2023). "Behdad Eghbali ignores Todd Boehly backlash to make Chelsea dressing room visits". Telegraph. Retrieved 6 March 2024.
  10. ^ Brewin, John (27 December 2023). "Todd Boehly, Chelsea's self-styled revolutionary, is facing failure". The Guardian. Retrieved 6 March 2024.
  11. ^ "Who are the nine members of Chelsea's new board?". The Athletic. Retrieved 8 March 2024.
  12. ^ "Behdad Eghbali". SportiConference. Retrieved 8 March 2024.