Clearlake Seeks to Triple Assets at Credit Unit to $100 Billion
Clearlake Capital Group is aiming to triple its credit business with the launch of a unit to help the buyout firm grab a bigger slice of the booming asset class.
'In the next five-plus years, I would love to be talking about a $75 to $100 billion platform,' Clearlake co-founder and Managing Partner José E. Feliciano said in an interview. The Santa Monica, California-based firm currently manages about $30 billion in private and liquid credit investments.
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NewHydrogen's Plan to Win the Green Hydrogen Race
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A: Safra Catz explained that the increased CapEx is primarily for equipment to meet demand, as Oracle is expanding its data center capacity. Lawrence Ellison added that demand is astronomical, and Oracle is investing in high-speed networking and other technologies to enhance their cloud infrastructure, which will support revenue growth. Q: How is Oracle's cloud database business contributing to the 70% growth in OCI for fiscal '26? A: Safra Catz highlighted that the database business is growing robustly, with increased licensing and cloud metrics. The multi-cloud strategy and the ability to deploy databases in various clouds are driving demand. Lawrence Ellison added that moving database support to the cloud significantly increases revenue potential. Q: Can you discuss the growth in Oracle's applications business, particularly in light of economic concerns? A: Safra Catz stated that Oracle's strategic SaaS products are performing well, driven by the demand for AI capabilities. The transition to cloud-based applications allows customers to leverage AI, making Oracle's offerings compelling. Lawrence Ellison added that Oracle's integrated suite of applications provides a one-stop solution for enterprises, reducing integration costs and enhancing appeal. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten
