Clearlake Capital Seeks $600 Million With Newest Fund

Clearlake Capital Group is out fundraising for its latest PE fund, four sources say.

The pool, Clearlake Capital Partners III L.P., has a $600 million target, one person says. Clearlake started fundraising in June; Park Hill is the placement agent, sources say.

Clearlake’s last fund raised $410 million in 2010.

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