See about holding cloak for fugitive (7)
I believe the answer is:
escapee
'for fugitive' is the definition.
(escapee is a kind of fugitive)
'see about holding cloak' is the wordplay.
'about' is an anagram indicator.
'holding' is an insertion indicator.
'cloak' becomes 'cape' (cape is a kind of cloak).
'see' is an anagram of 'ese'.
'ese' placed around 'cape' is 'ESCAPEE'.
(Other definitions for escapee that I've seen before include "Absconder, fugitive" , "One that's broken free" , "prisoner on the loose" , "Runaway" , "Fugitive from prison" .)