cliffwater direct lending index

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0 obj >> << >> /P 5793 0 R >> /K 60 /Pg 22 0 R << endobj /Pg 24 0 R /P 4709 0 R << endobj Cliffwater is an alternative investment adviser and fund manager. endobj >> /P 6084 0 R /Lang (IT-IT) /K 27 /S /P endobj >> >> /K 1442 endobj endobj endobj 4188 0 obj The index is currently comprised of over 5000 direct loans valued at about $75 billion. /P 4899 0 R /K 1379 /Lang (EN-US) >> 3112 0 obj endobj /Pg 23 0 R <> /Pg 22 0 R << /S /Artifact /K 887 >> endobj endobj endobj 256 0 obj << >> endobj /P 10 0 R /Pg 23 0 R /K 886 null 565 0 R null null null 566 0 R null null null 567 0 R /P 6665 0 R /Pg 23 0 R /Pg 22 0 R /Lang (EN-US) endobj 86 0 obj /Lang (EN-US) /Lang (EN-US) /K 5 Cliffwater Direct Lending Index (CDLI) - Primary source of data on middle market corp orate private debt (>7,000 individual loans) - Quarterly performance benchmark for corporat e direct lending going back to Sept 2004 - Market data on yields, defaults, recoveries, borrower size, sponsorship, loan-to-value, etc. /S 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endobj /S /Artifact endobj /K 1485 /K 46 >> endobj /P 6081 0 R >> endobj /K 1287 /K 1243 /K 413 /P 6267 0 R /K 1302 endobj << << /S /Artifact endobj << 756 0 obj /K 1164 /Pg 25 0 R Direct Lending) << /Lang (EN-US) 3709 0 obj Alex Condrell, managing director at Cliffwater discusses the firm's direct lending index and corporate lending fund and how investments in middle-market corporate credit should stand up to the challenges of rising inflation and interest rates, providing something close to historic return levels of 9 percent for the asset class without . /S /P 543 0 obj 1567 0 obj >> /Lang (EN-US) /Lang (EN-US) /S /P >> /S /P /S /Artifact /K 556 >> <> /Pg 22 0 R /S /Artifact /K 1532 >> null 2930 0 R null 2931 0 R null 2932 0 R null 2933 0 R null 2934 0 R 3023 0 obj /P 6436 0 R >> /S /P /S /P endobj /S /P /S /P /Pg 24 0 R /P 6159 0 R << /S /P >> 2925 0 obj endobj >> << /Pg 19 0 R 4254 0 R 4255 0 R 4256 0 R 4257 0 R 4258 0 R 4259 0 R 4260 0 R 4261 0 R 4262 0 R 4263 0 R 2998 0 obj /P 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