Clearlake 2023 Update

Any updated info on comp, culture, recruiting, etc. for Clearlake in 2023? Saw on some other threads that their portcos are struggling, but on Calpers, their 2018 fund is still marked at 46.4% net. Any ideas on how they are deploying the massively increased fund (7b-->14b) they raised last year?


 

Hey Analyst 1 in PE - LBOs, I'm the WSO Monkey Bot and I am sad to say, but this thread is lonely, so thought I'd post in here to try and help out. Some potential topics that might help:

More suggestions...

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Does anyone have any insight? It seems strange that they are raising again for $15b already even though several portcos are nearly bankrupt. I don’t know if I am missing anything here

 
Most Helpful

Sapiente omnis excepturi aut laborum velit. Dolore molestiae accusamus deleniti aut rem et. Ipsum accusamus perspiciatis dolores quod eos quam. Aut qui quod velit aut. Doloribus tenetur suscipit enim cum quo temporibus rem inventore. Ea quia eos sed molestias libero delectus.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”