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Behdad Eghbali
Iranian–American businessman (born 1976) From Wikipedia, the free encyclopedia
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Behdad Eghbali (Persian: بهداد اقبالی; born May 6, 1976) is an Iranian–American[1] billionaire businessman and a co-founder and managing partner of the investment firm Clearlake Capital. According to Forbes, Eghbali had a net worth of US$4.4 billion as of June 2025.[1] Eghbali was first placed on the Forbes 400 and Forbes Billionaires lists in 2021.[2]
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Early life
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
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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]
In May 2025, Eghbali and his partner José E. Feliciano launched Clearlake Credit from previous acquisitions of MV Credit Partners and WhiteStar Asset Management. The goal of the new division is to triple the firm’s $30 billion credit holding in the next five years, primarily from European investors.[13]
In November 2025, Eghbali and Feliciano’s Clearlake acquired Pathway Capital Management, which established Clearlake as one of the largest private equity firms by assets.[14] In 2025, Eghbali and the firm have reported leading over 400 investments and $90 billion in assets under management.[15]
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Personal life
Eghbali is married.[3]
He is on the boards of nonprofits, including Noor Foundation, his family foundation.[5]
In 2024, Ehbali paid £56 million for a penthouse in Grosvenor Square in London's Mayfair district.[16][17]
References
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