Behdad Eghbali: A Visionary Leader Shaping the Future of Sports and Finance

Behdad Eghbali, born on May 6, 1976, in Iran, is a distinguished Iranian-American businessman renowned for his significant contributions to private equity and sports management. As the co-founder and managing partner of Clearlake Capital, Eghbali has been instrumental in steering the firm to remarkable success. His strategic investments and leadership have not only propelled Clearlake Capital to the forefront of the private equity industry but have also left an indelible mark on the sports world, particularly through his involvement with Chelsea Football Club.

Eghbali’s journey began in Iran, where he was born into a family that later relocated to the United States during his childhood. He pursued higher education at the Haas School of Business at the University of California, Berkeley, earning a Bachelor of Business Administration. This academic foundation laid the groundwork for his future endeavors in finance and investment.

Before establishing Clearlake Capital in 2006 alongside José E. Feliciano, Eghbali honed his skills in investment banking with Morgan Stanley’s technology group. He then joined TPG Capital, focusing on buyouts and turnarounds. These experiences equipped him with a profound understanding of financial markets and investment strategies, which he later applied to the success of Clearlake Capital.

Under Eghbali’s leadership, Clearlake Capital has grown into a formidable entity in the private equity sector, managing assets exceeding $70 billion. The firm is renowned for its strategic investments across various industries, including software, industrials, and consumer products. Clearlake’s approach emphasizes operational improvements and strategic growth, leading to substantial returns for its investors.

In May 2022, Clearlake Capital, in partnership with Todd Boehly, acquired Chelsea Football Club for £2.3 billion. This acquisition marked a significant shift in the club’s ownership structure, with Clearlake holding a majority stake of over 60%. Eghbali’s active involvement in the club’s operations has been evident, as he has taken on a prominent role in overseeing its strategic direction and financial health.

In January 2025, Eghbali made headlines with the purchase of a luxury penthouse in London’s Mayfair district for £56 million, marking it as the UK’s most expensive apartment deal in 2024. This acquisition underscores his deepening ties to London, reflecting both personal and professional commitments to the city. The property boasts amenities such as a cinema, swimming pool, and spa, aligning with Eghbali’s preference for high-end real estate investments.

Eghbali’s influence at Chelsea FC has been particularly notable in managerial decisions. Following the departure of former head coach Mauricio Pochettino, reports in early 2025 indicated that Eghbali was keen on engaging with Leicester City manager Enzo Maresca, among other candidates, to lead the team. This initiative highlights Eghbali’s commitment to enhancing the club’s performance and aligning its leadership with his vision for success.

Beyond his business ventures, Eghbali is actively involved in philanthropic efforts. He serves on the boards of several nonprofit organizations, including the Noor Foundation, which focuses on educational and cultural initiatives. His personal life reflects a blend of professional success and personal interests, with investments in luxury real estate and a commitment to community development.

Behdad Eghbali’s journey from a young immigrant to a leading figure in private equity and sports management is a testament to his vision, strategic acumen, and dedication. His leadership at Clearlake Capital and Chelsea Football Club, coupled with his philanthropic endeavors, underscores his multifaceted impact on both the financial and sports industries. As he continues to influence these sectors, Eghbali’s story serves as an inspiration to aspiring entrepreneurs and investors worldwide.