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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
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.
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