Behdad Eghbali: The Visionary Behind Clearlake Capital and Co-Owner of Chelsea FC
Behdad Eghbali is a prominent name in the world of private equity and sports ownership, renowned for his remarkable journey from a business graduate to becoming one of the wealthiest investors and co-owner of one of the world’s most famous football clubs, Chelsea FC. His influence stretches beyond finance into real estate and philanthropy, showcasing a multifaceted personality driven by ambition and strategic foresight.
Early Life and Education
Born on May 6, 1976, Behdad Eghbali’s journey began in Iran before he moved to the United States, where he cultivated his academic and professional ambitions. Eghbali graduated with a Bachelor of Science degree in Business Administration and Management from the Walter A. Haas School of Business at the University of California, Berkeley. His education laid a solid foundation for his future success in the competitive world of finance and investments.
Professional Trajectory and Clearlake Capital Group
In 2006, Behdad Eghbali co-founded Clearlake Capital Group, a private investment firm headquartered in Santa Monica, California. The firm adopts a sector-focused approach, concentrating on industrials, technology, and consumer sectors. Clearlake is recognised for its operational improvement strategy, known as O.P.S.®, which enhances the performance of its portfolio companies through hands-on management and strategic guidance.
Under Eghbali’s leadership, Clearlake Capital Group has grown exponentially, managing approximately $24 billion in assets. Over an 18-year tenure, the firm has led or co-led over 200 investments, reflecting Eghbali’s expertise in identifying and nurturing promising business opportunities.
Beyond his work at Clearlake, Eghbali serves on the boards of multiple companies, highlighting his broad influence in the business world. These include:
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Zywave: Serving on the Board of Directors since September 2020, contributing strategic insights to the Milwaukee-based software company.
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DigiCert, Inc.: Board member since June 2019, aiding the Lehi, Utah-based cybersecurity firm.
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Dude Solutions: Chairman of the Board since June 2019, leading the Cary, North Carolina-based operations management software provider.
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Appriss: Board of Directors since March 2019, involved with the Louisville, Kentucky-based data and analytics company.
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symplr: Chairman of the Board since November 2018, overseeing the Houston, Texas-based healthcare operations platform.
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EagleView: Board member since August 2018, connected to the Bellevue, Washington aerial imagery technology company.
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Perforce Software: Board member since February 2018, associated with the Minneapolis-based software development platform.
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Provation Medical: Board member since February 2018.
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Diligent Corporation: Board member since January 2018.
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Ivanti: Board member since February 2017.
Eghbali’s prior experience includes a tenure at Texas Pacific Group as an investment professional from 2003 to 2007 and a role as Vice President of Business Development at Turbolinux from 1999 to 2001.
Behdad Eghbali’s Net Worth and Personal Life
With a net worth estimated at approximately $4.4 billion, Behdad Eghbali stands among the wealthiest individuals in the private equity space. His wealth is a testament to his strategic acumen, investment savvy, and leadership at Clearlake Capital.
Eghbali is married to Julia Harris, and the couple’s wedding in 2014 was a blend of American and Persian traditions, reflecting his rich cultural heritage. They have at least one child, maintaining a private family life away from the public eye.
Chelsea Football Club: Ownership and Influence
In May 2022, Behdad Eghbali, through Clearlake Capital Group, alongside Todd Boehly and other investors, acquired Chelsea Football Club for a staggering £2.3 billion. Clearlake Capital holds approximately 60% ownership of the club, with Eghbali being one of the most visible and influential owners.
The acquisition marked a significant chapter for both Chelsea FC and Eghbali, bridging his passion for business and sports. The club, with its global fanbase and rich history, now benefits from the strategic vision and financial backing of Clearlake Capital under Eghbali’s stewardship.
Mayfair Penthouse: A Symbol of Success
Reflecting his stature and taste, Behdad Eghbali purchased a luxury penthouse in London’s prestigious Mayfair district in 2024, valued at over £56 million. This opulent residence features expansive living spaces, wraparound balconies, a media room, and access to world-class amenities including a private cinema, swimming pool, spa, and fitness centre.
This acquisition was notable not just for its price but also for symbolising Eghbali’s deepening ties to London, aligning with his growing influence at Chelsea FC.
Relationship with Todd Boehly: Partnership Dynamics
Todd Boehly, serving as Chelsea FC’s chairman, co-owns the club alongside Eghbali. Their partnership is pivotal to the club’s direction, blending Boehly’s leadership with Eghbali’s investment expertise. Despite occasional reports of differing views on strategy and club management, both owners continue to collaborate closely on Chelsea’s growth and success.
Their combined vision aims to restore Chelsea to its historic glory through strategic player acquisitions, infrastructure development, and commercial growth.
Who is Behdad Eghbali? A Summary
Behdad Eghbali exemplifies the modern private equity titan — a leader who blends academic excellence, business insight, and strategic vision to drive success across multiple sectors. From co-founding one of the fastest-growing private equity firms to acquiring a world-class football club, his journey is a testament to dedication, foresight, and the ability to manage complex enterprises with finesse.
Conclusion
Behdad Eghbali’s multifaceted career, from his pivotal role at Clearlake Capital to his influential ownership of Chelsea Football Club, marks him as a significant figure in global business and sports. His investments and leadership extend beyond numbers, influencing industries and communities. As he continues to shape the future of Clearlake and Chelsea, Eghbali’s legacy grows richer — not just in wealth but in impact and vision.
