US EditionClearlake Capital secures fundraising extension
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Clearlake Capital secures fundraising extension
Clearlake Capital Group has received an extension from its limited partners to continue fundraising for its eighth flagship private equity vehicle, targeting $15bn, amid a persistently challenging capital-raising environment, according to a report by Bloomberg. The Santa Monica-based private equity firm, which returned to market in June 2023, has secured approximately $13bn in commitments to date, according to sources familiar with the matter. T…
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