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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]
Behdad Eghbali | |
|---|---|
| Born | May 6, 1976 |
| Alma mater | Haas School of Business at the University of California, Berkeley (B.S.) |
| Occupation(s) | Co-founder and Managing Partner, Clearlake Capital |
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]
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]
Eghbali is married.[3]
He is on the boards of nonprofits, including Noor Foundation, his family foundation.[5]
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