Clearlake Capital Expands Credit Platform with MV Credit Acquisition
Deal News | May 06, 2025 | Clearlake Capital
Clearlake Capital Group, L.P., a prominent investment firm, has launched Clearlake Credit, a newly unified credit platform that combines its previous acquisition of MV Credit and WhiteStar Asset Management. The firm aims to provide flexible capital solutions by combining Clearlake’s existing credit business under the Clearlake Credit brand, managing over $57 billion in global credit investments. The strategic acquisition of MV Credit from Natixis Investment Managers alongside the previous integration of WhiteStar positions Clearlake Credit as a significant player in both private and liquid credit markets worldwide. Co-Founders José E. Feliciano and Behdad Eghbali outlined plans to further scale the firm’s credit capabilities and expand their initiative to provide comprehensive capital structure solutions to borrowers globally. Clearlake, with assets under management of approximately $90 billion, employs over 230 professionals across multiple cities including Santa Monica, Dallas, London, Dublin, Luxembourg, Abu Dhabi, and Singapore.
Sectors
- Investment Management
- Private Credit
Geography
- United States – Clearlake Capital is headquartered in Santa Monica, CA, and is a major player in the US financial sector.
- Europe – The acquisition of MV Credit from Natixis Investment Managers emphasizes its presence and expansion in the European market.
Industry
- Investment Management – The article centers on Clearlake Capital, an investment firm specializing in integrated businesses across private equity and credit strategies.
- Private Credit – The acquisition of MV Credit and launch of Clearlake Credit highlights their involvement in providing private credit solutions.
Financials
- $57 Billion – The total amount of credit investments managed by Clearlake Credit globally as part of its new unified credit platform.
- $90 Billion – The total assets under management by Clearlake and its affiliates globally.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clearlake Capital Group, L.P. | Acquirer and Credit Platform Launching Company | Company | An investment firm specializing in private equity and credit strategies, globally managing over $90 billion in assets. |
| MV Credit | Target Company | Company | A pan-European private credit specialist acquired by Clearlake Capital. |
| WhiteStar Asset Management | Previously Acquired Company | Company | Acquired by Clearlake Capital in 2020 and integrated into Clearlake Credit. |
| Natixis Investment Managers | Vendor | Company | The previous owner of MV Credit, from which Clearlake Capital acquired MV Credit. |
| José E. Feliciano | Co-Founder and Managing Partner | Person | Co-Founder of Clearlake Capital, involved in the strategic direction of Clearlake Credit. |
| Behdad Eghbali | Co-Founder and Managing Partner | Person | Co-Founder of Clearlake Capital, involved in scaling Clearlake Credit's capabilities. |