Nevada PERS to exit Clearlake exposure due to ‘conflicts of interest’ – updated
Tuesday, March 17, 2026 · first reported by Buyouts Insider and 1 other
Nevada PERS, a $74.9 billion pension fund, is exiting its Clearlake Capital exposure due to conflicts of interest arising from Clearlake's recent acquisition of Pathway Capital Management. This governance action by a major PE LP signals potential issues for fund managers acquiring portfolio company support platforms.
- Also named
- Nevada PERS, Pathway Capital Management
- Asset class
- Private equity
- Geography
- North America
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