Goldman Sachs Exchanges How Clearlake Capital’s José E. Feliciano is finding value across private markets
Nov 4, 2024
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Focusing on Strong Companies
- The economic outlook appears uncertain, with conflicting factors like geopolitical issues and the U.S. election.
- Focusing on finding strong companies and management teams is more important than predicting the macroeconomy.
Capitalizing on Market Dislocations
- During the 2020 pandemic market shutdown, Clearlake Capital invested $3-4 billion.
- This was possible due to their flexible investment strategy, allowing them to capitalize on repricing in secondary markets.
Prioritizing Returns and Exits
- Clearlake Capital prioritizes returning capital to investors quickly with high multiples.
- They constantly evaluate their portfolio for exit opportunities, aiming to sell mature companies where value creation has already occurred.