Clearlake Capital co-founders create new fund family, filings suggest

Clearlake Capital Co-Founders and Managing Partners José E. Feliciano (pictured) and Behdad Eghbali have been so successful at investing and fundraising that even a hint of plans to launch a new fund family would have investors swooning.

A hint is what we have, in the form of two regulatory filings filed for private equity funds a few weeks apart this winter, one for Icon Partners II LP and one for Icon Partners III LP. In September the firm filed a Form D for a fund called Icon Software Partners LP.

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Clearlake’s José E. Feliciano makes $500K gift to Toigo Foundation

José E. Feliciano, co-founder and managing partner of Clearlake Capital Group, announced a $500,000 gift to the Toigo Foundation, made jointly by his firm and by the Kwanza Jones & José E. Feliciano Supercharged Initiative.

Feliciano disclosed the gift last night during a short but rousing speech at the Toigo Foundation's annual gala in New York City during which he challenged the industry to do more to fulfill the foundation's mission of bringing more diversity to financial services.

"I'm a firm believer that financial success, financial prowess . . .

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