Clearlake Capital launches 'Clearlake Credit' as it completes strategic acquisition of MV Credit

Whats Happening:

Clearlake Capital Group is launching Clearlake Credit, a specialist credit platform that will provide flexible capital solutions globally. This launch coincides with Clearlake's acquisition of MV Credit, a pan-European private credit specialist, from Natixis Investment Managers. Clearlake Credit will integrate MV Credit, WhiteStar Asset Management (acquired in 2020), and Clearlake's existing credit business, representing over $57 billion in credit deployed globally.

Key Moves:

• Clearlake Capital launches Clearlake Credit platform

• Clearlake acquires MV Credit from Natixis Investment Managers

• Clearlake Credit integrates MV Credit, WhiteStar Asset Management, and existing credit business

By The Numbers:

• Clearlake Credit represents over $57 billion in credit deployed globally

• Clearlake has $90 billion in AUM firmwide

• Clearlake and affiliates have a global team of over 230 professionals

Key Quotes:

• "While credit has always been core to our strategy, we're proud to officially launch Clearlake Credit as we continue to strategically build our credit offerings to meet the market's demand for flexible capital solutions," said José E. Feliciano, Co-Founder and Managing Partner of Clearlake.

• "The official launch of Clearlake Credit will grow our standing in the global credit market, and the acquisition of MV Credit adds to our capabilities in Europe," commented Behdad Eghbali, Co-Founder and Managing Partner at Clearlake.

Bottom Line:

Clearlake Capital's launch of Clearlake Credit marks a significant expansion of its credit capabilities, integrating multiple acquisitions and existing businesses. With over $57 billion in credit deployed globally, this move positions Clearlake as a major player in providing comprehensive capital solutions across private and liquid credit markets worldwide.

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