Fund of FundsRIA · CRD 132167SEC-RegisteredPrivate Fund Adviser

Updated:

Cliffwater

Cliffwater is an SEC-registered investment adviser in Marina del Rey, CA, since 2004. The firm manages $48.5 billion in regulatory assets. It has 213 employees...

Cliffwater

Cliffwater is an SEC-registered investment adviser in Marina del Rey, CA, since 2004. The firm manages $48.5 billion in regulatory assets. It has 213 employees and 105 investment advisers.

General information

Firm type

Fund of Funds Manager

Year founded

2004

Location

Region

North America

Country

United States

City

Marina del Rey

Corporate office

Marina del Rey, CA, United States

Sector focus

Private CreditSecondaries & Special Situations

Frequently asked questions

Who runs investment decisions at Cliffwater?

Cliffwater does not publicly name its investment leadership team. The firm's website focuses on its index products and research rather than individual professionals.

How does Cliffwater source proprietary deal flow?

Cliffwater operates as a manager of managers, sourcing investments through its relationships with BDCs and direct lending fund managers. Its index construction process provides data-driven insights into the private credit market.

What investment stages does Cliffwater typically target?

Cliffwater focuses on private credit and secondaries, with exposure primarily through publicly traded BDCs and direct lending funds. Its indices capture lending-oriented strategies rather than early-stage equity.

Does Cliffwater participate in fund commitments or only direct deals?

Cliffwater acts as a manager of managers, committing capital to BDCs and direct lending funds rather than making direct investments. Its index methodology tracks the performance of these underlying funds.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Marina del Rey Fund of Funds Manager profiles