Feliciano: Clearlake structures funds with full capital recycling during investment periods
Jose Feliciano · José E. Feliciano – Flexible Private Market Investing at Clearlake (Capital Allocators, EP. 297) · Feb 13, 2023 · at 17:14
José E. Feliciano, co-founder of Clearlake Capital, explains how the firm structures fund vehicles to accommodate both short-duration credit and long-duration private equity buyouts.
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“You look at our funds, additional funds with a ten-year block-up, maybe a few extensions. The investment period is five or six years, but during that investment period, we can recycle any of the capital.”
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