{
  "id": 10898894,
  "title": "Clearlake secures $1bn CFO financing after restructuring collateral mix",
  "url": "https://urgent.news/2026/09/30/clearlake-secures-1bn-cfo-financing-after-restructuring-collateral-mix",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T08:42:29.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/clearlake-secures-1bn-cfo-financing-after-restructuring-collateral-mix/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Clearlake Capital Group has successfully secured $1 billion in financing through a collateralised fund obligation (CFO) after restructuring the transaction, as per a report by Private Equity Wire. The deal, which was revised following discussions with potential investors, now includes assets such as stakes in private market funds, a private equity secondaries fund, and another private equity fund stake. The restructuring resulted in a reduction of leverage and improved pricing for the transaction, with Goldman Sachs acting as the sole structuring and placement agent. Clearlake's newly created vehicle will hold $600 million in private credit exposure, with the remaining $775 million secured through Class A, B, and C debt securities, and the equity tranche generating an expected internal rate of return of around 18%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}