/S /P << /S /P endobj /Lang (EN-US) /S /P /Pg 24 0 R /Pg 22 0 R << /P 10 0 R /Pg 24 0 R /P 10 0 R << 3746 0 obj /Pg 23 0 R 796 0 obj endobj /S /P << >> 501 0 obj /Pg 24 0 R 2619 0 obj /P 6440 0 R /K 549 /P 5593 0 R >> /S /P /Pg 18 0 R 2364 0 obj /Lang (EN-US) << << /Lang (EN-US) << << 4068 0 obj >> 2190 0 obj 1808 0 obj /Pg 22 0 R /K 319 << >> /S /P >> >> /Pg 22 0 R /S /Artifact 2086 0 R 2087 0 R 2088 0 R 2089 0 R 2090 0 R 2091 0 R 2092 0 R 2093 0 R 2094 0 R 2095 0 R /K 1302 3143 0 obj /K 1044 >> endobj 1402 0 obj 3163 0 obj /K 1471 4223 0 obj /S /P >> 1806 0 obj /Pg 24 0 R /Pg 23 0 R << /S /P /Pg 21 0 R << endobj << >> << /Pg 25 0 R >> /Lang (EN-US) /P 5996 0 R >> >> /S /Artifact 2011 0 obj /K 206 /Resources 4359 0 R /K 1004 /S /Artifact endobj << >> /S /P >> 2214 0 obj /Lang (EN-US) >> << /Pg 24 0 R /S /Artifact /S /Artifact /K 108 3220 0 obj /K 716 2526 0 obj endobj 3431 0 obj /K 715 << endobj >> /P 5754 0 R 4027 0 obj /Pg 25 0 R << >> >> /K 1147 /Pg 23 0 R /P 6605 0 R /S /P /K 729 /Lang (EN-US) 2687 0 obj /K 1154 << /P 5559 0 R /Pg 23 0 R 2987 0 obj 3103 0 obj 457 0 R null 458 0 R 459 0 R 460 0 R null 461 0 R null 462 0 R null /Pg 23 0 R /K 40 << /K 3 >> 3221 0 obj /Lang (EN-US) /S /Artifact 4274 0 R 4275 0 R 4276 0 R 4277 0 R 4278 0 R 4279 0 R 4280 0 R 4281 0 R 4282 0 R 4283 0 R /K 1349 /P 5339 0 R /K 1319 >> /S /Artifact << /S /P /K 107 null 2719 0 R 322 0 R null 324 0 R null 2720 0 R null null 2721 0 R >> 2744 0 obj /S /P >> 2943 0 obj >> >> endobj >> << /P 5633 0 R /Pg 23 0 R /Pg 22 0 R >> 295 0 obj << endobj Direct Lending) << >> 838 0 obj << >> /K 1120 /K 1238 /Pg 22 0 R << /Pg 25 0 R /Pg 22 0 R 2834 0 obj << << BCRED | Blackstone Private Credit Fund 746 0 obj 3441 0 obj /S /Table /S /P `-F%HrI, Survey of Corporate Pension Disclosures for Fiscal Years Ending 2003. /P 6620 0 R /K 1522 /Pg 24 0 R /Pg 24 0 R /S /P /S /P << /Pg 23 0 R endobj /K 1423 << /Lang (EN-US) /Lang (EN-US) /Pg 25 0 R >> 3423 0 obj /Lang (EN-US) /Pg 25 0 R /P 6105 0 R >> /S /Artifact /Pg 25 0 R /K 1130 /Pg 22 0 R 3608 0 R null 3609 0 R null 3610 0 R null 3611 0 R null 3612 0 R null /Pg 23 0 R << /S /Artifact endobj /K 1549 4126 0 obj /Pg 22 0 R << /P 4782 0 R /K 680 >> endobj >> >> >> >> /P 10 0 R endobj /K 857 2924 0 obj /Lang (EN-US) /Lang (EN-US) endobj >> /S /Artifact /Lang (EN-US) null 1921 0 R 1922 0 R null 1923 0 R null 1924 0 R null 1925 0 R null >> /S /Artifact 1086 0 obj 4020 0 obj /Pg 25 0 R endobj /Contents 4384 0 R >> << 3737 0 obj /S /P /Pg 25 0 R 238 0 obj /K 1374 << endobj << 3600 0 obj /P 10 0 R << >> /K 1536 /Lang (EN-US) /S /P endobj 2027 0 obj /Lang (EN-US) 3493 0 obj 3406 0 obj /K 1539 endobj << /K 488 /K 825 >> 1849 0 obj << << /Lang (EN-US) /Pg 24 0 R /Pg 25 0 R /P 6154 0 R /Lang (EN-US) endobj /K 686 << << /Lang (EN-US) /P 5123 0 R << /S /Artifact /P 5057 0 R /S /Artifact 1144 0 obj endobj >> /K 629 >> /K 104 /K 824 << 1887 0 obj /S /P /S /P endobj /K 1136 /P 6186 0 R 1282 0 obj 2905 0 obj /K 1259 /K 740 /P 6047 0 R /Lang (EN-US) >> << endobj /P 6330 0 R /Lang (EN-US) /Lang (EN-US) endobj 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. /Lang (EN-US) endobj 1278 0 obj /Pg 23 0 R << << >> endobj 1699 0 obj /Pg 25 0 R /P 6266 0 R << >> /Lang (EN-US) endobj << >> endobj >> endobj /K 894 /S /Artifact /S /P 2005 0 obj endobj endobj /K 682 >> << /Lang (EN-US) /Lang (EN-US) /Lang (EN-US) << /S /P /S /P 1632 0 obj 381 0 obj /Lang (EN-US) 3889 0 obj /Pg 23 0 R << >> /P 10 0 R endobj /Pg 22 0 R /S /P /Type /Annot 677 0 obj /P 5209 0 R /Lang (EN-US) /K 1231 >> /S /P << 3188 0 obj Adam Nyhan on LinkedIn: Corporate Transparency Act Imposes New Federal /Pg 25 0 R << << endobj /S /P /Pg 22 0 R /P 5775 0 R endobj 953 0 obj /Pg 23 0 R >> /K 724 /P 5842 0 R /Lang (EN-US) << 1177 0 obj /P 5091 0 R /Pg 15 0 R endobj endobj 1219 0 obj << /S /P endobj /K 1274 << /Pg 25 0 R /Subtype /Link /P 6263 0 R 2415 0 obj 4318 0 obj /Pg 24 0 R >> << >> /P 4705 0 R 4057 0 obj 9 0 obj 2475 0 obj >> /S /Artifact /K 664 endobj endobj << CLIFFWATER DIRECT LENDING INDEX (CDLI) CLIFFWATER BDC INDEX (CWBDC) Stay in the know. /Lang (EN-US) >> /Pg 23 0 R /K 983 /Pg 24 0 R >> /S /P endobj /K 648 >> endobj << /Pg 25 0 R << << >> endobj /P 6014 0 R << /Lang (EN-US) /Lang (EN-US) 589 0 R null 221 0 R 222 0 R 223 0 R 224 0 R 225 0 R 226 0 R 227 0 R 228 0 R /P 6340 0 R /P 4919 0 R endobj /P 6545 0 R /K 1376 75 0 obj /Pg 22 0 R << endobj /S /Artifact << 169 0 obj << 923 0 obj /Pg 25 0 R 1267 0 obj /Pg 25 0 R << /Pg 23 0 R /P 6502 0 R /S /P /K 1182 endobj /S /P /Pg 25 0 R /S /P 1021 0 obj /P 6430 0 R >> 4137 0 obj >> << /P 5788 0 R 1217 0 obj /Pg 17 0 R /Pg 18 0 R << /Lang (EN-US) endobj 2702 0 obj /Pg 23 0 R 1207 0 obj << >> endobj >> endobj 3218 0 obj 2553 0 obj null null null 837 0 R null 838 0 R null 839 0 R null 840 0 R >> /S /Artifact /P 6077 0 R /K 664 /Lang (EN-US) << << /P 6708 0 R 1783 0 obj << 213 0 obj /S /P /Lang (EN-US) /P 6499 0 R /Pg 14 0 R << << /S /P /S /P /Pg 24 0 R 1981 0 obj /Pg 24 0 R >> /K 1532 >> 1235 0 obj << 909 0 obj /Lang (EN-US) /P 6260 0 R << >> 130 0 obj /S /Artifact 1209 0 obj 941 0 obj /K 707 952 0 obj /K 612 /K 1378 /K 748 /P 5692 0 R >> 1575 0 obj /P 10 0 R >> /Pg 23 0 R /K 341 << endobj >> 3324 0 obj /K 1497 endobj >> << >> >> /P 5832 0 R /Pg 25 0 R /Pg 22 0 R /K 921 << endobj /Pg 22 0 R /S /P /S /P /K 1257 >> /Pg 22 0 R endobj >> << 3167 0 R 3168 0 R 3169 0 R 3170 0 R 3171 0 R 3172 0 R 3173 0 R 3174 0 R 3175 0 R 3176 0 R endobj /S /P << /Lang (EN-US) 1458 0 obj >> >> /P 5690 0 R 4140 0 obj /S /P /Lang (EN-US) /Lang (EN-US) /S /P /S /P /K 1233 /P 5190 0 R /S /P 18 0 obj /S /P 1888 0 obj /K 1259 << 4280 0 obj 446 0 obj endobj /P 6253 0 R /Pg 22 0 R /S /Artifact /S /P /K 1387 null 1784 0 R 1785 0 R null 1786 0 R null 1787 0 R null 1788 0 R null /K 1443 /K 707 null 565 0 R null null null 566 0 R null null null 567 0 R /K 507 >> /Lang (EN-US) 4112 0 obj >> /K 464 /K 1290 >> << >> /K 38 /Lang (EN-US) >> << << << /P 5088 0 R /K [212 213 214] 2377 0 obj 170 0 obj >> /Pg 22 0 R /Lang (EN-US) /Pg 24 0 R 1953 0 obj ujUvi(f(44sH+8f,JC T7jR($V!V? /Lang (EN-US) /K 487 endobj 513 0 obj /S /Artifact >> >> endobj /P 5821 0 R << 1372 0 obj /K 1243 3247 0 obj endobj /K 698 /K 1178 /P 6018 0 R /S /Artifact << /P 6448 0 R /Lang (EN-US) >> /P 6713 0 R endobj /Pg 25 0 R /Lang (EN-US) >> /K 1199 /Pg 23 0 R 3593 0 obj /K 532 null 1664 0 R 1665 0 R null 1666 0 R null 1667 0 R null 1668 0 R null /Pg 22 0 R 4043 0 obj 1051 0 obj endobj /K 1405 /S /Artifact << endobj 3273 0 obj 3903 0 obj >> /P 10 0 R endobj /P 5540 0 R >> /Pg 25 0 R 4150 0 obj << endobj /S /P endobj endobj /K 711 >> >> << 2482 0 obj /K 489 /Lang (EN-US) /P 4766 0 R >> >> /S /P >> /P 33 0 R /S /P /S /P /P 6334 0 R 1463 0 obj /S /P endobj /K 290 >> << /P 5758 0 R /Pg 25 0 R << /P 5548 0 R /S /Artifact /K 774 505 0 obj /K 428 /K [27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R 35 0 R 36 0 R /Lang (EN-US) /S /Artifact >> >> /P 4776 0 R /S /P << /K 1239 2934 0 obj << /Pg 15 0 R << /K 1451 >> 3157 0 R 3158 0 R 3159 0 R 3160 0 R 3161 0 R 3162 0 R 3163 0 R 3164 0 R 3165 0 R 3166 0 R << 1565 0 obj /Lang (EN-US) 3878 0 obj endobj >> /Lang (EN-US) /K 1428 endobj /S /P /K 433 << endobj endobj /S /Artifact >> /S /P /S /P << >> /Pg 21 0 R /S /Artifact endobj /Pg 22 0 R 588 0 obj /Lang (EN-US) /K 1354 << /K 479 539 0 obj /Lang (EN-US) endobj /S /P /K 1058 >> /S /Artifact >> >> >> /K 35 /K 385 /K 1237 /Lang (EN-US) /Lang (EN-US) >> /S /Artifact /K 993 << /S /Artifact 559 0 obj /S /P 2176 0 R 2177 0 R 2178 0 R 2179 0 R 2180 0 R 2181 0 R 2182 0 R 2183 0 R 2184 0 R 2185 0 R /P 5122 0 R >> /Lang (EN-US) /Lang (EN-US) << /K 1192 /Pg 26 0 R /Pg 22 0 R >> /K 1126 /Lang (EN-US) /S /P << /Rotate 0 /K 1379 /Lang (EN-US) /K 777 /P 4979 0 R /K 329 /S /P /K 1533 endobj endobj >> >> 719 0 obj /P 5158 0 R /S /P /K 426 endobj /P 5460 0 R /S /P << endobj /S /P endobj >> /Lang (EN-US) /S /P /P 6593 0 R /K 992 3284 0 R 3285 0 R 3286 0 R 3287 0 R 3288 0 R 3289 0 R 3290 0 R 3291 0 R 3292 0 R 3293 0 R 2380 0 obj << /K 1210 >> /S /P /Pg 25 0 R >> /K 1137 endobj /P 5203 0 R << /Pg 25 0 R /S /P /Pg 18 0 R /S /P endobj endobj 370 0 obj /P 5107 0 R /Pg 25 0 R endobj << /Pg 22 0 R >> >> /S /P /Pg 25 0 R >> >> /K 354 2272 0 obj /K 1465 /K 1507 << 1687 0 obj << endobj endobj 3389 0 obj /Pg 23 0 R /K 1158 >> /Lang (EN-US) /Pg 24 0 R /K 186 /S /Artifact /K 130 endobj /Lang (EN-US) /S /P /K 325 /S /P /S /P /Pg 25 0 R << /Pg 24 0 R >> /S /Artifact /Lang (EN-US) /S /Artifact 2645 0 obj /K 30 << >> 1788 0 obj << 369 0 obj >> endobj /K 1356 << /S /Artifact /S /P >> /P 5214 0 R << /Pg 24 0 R /Pg 23 0 R << >> /P 6561 0 R endobj endobj endobj endobj /K 818 endobj /Lang (EN-US) 3453 0 obj 483 0 obj /K [27 419 0 R 38] /S /Artifact null 2572 0 R null 2573 0 R null 2574 0 R null null null 2575 0 R /K 275 /S /Artifact 781 0 obj >> /P 4438 0 R /K 1459 >> /Lang (EN-US) 611 0 obj endobj /Pg 22 0 R endobj /K 1495 /P 10 0 R << /K 903 /K 1221 /K 1274 /S /P << << endobj 557 0 obj /Lang (EN-US) << /Pg 25 0 R << endobj 1649 0 obj >> << /Lang (EN-US) 1821 0 obj /S /P /K 1489 >> << >> /Pg 24 0 R /S /P /Pg 23 0 R /Pg 25 0 R /K 1318 1711 0 obj /Lang (EN-US) /Pg 23 0 R >> /S /P /P 6146 0 R << >> << /K 460 /Lang (EN-US) 56 0 obj /P 4632 0 R /Lang (EN-US) /S /P 1210 0 obj 2407 0 obj /S /P /S /P 1764 0 obj << 3839 0 obj 517 0 obj << /Lang (EN-US) >> endobj /S /Artifact /Lang (EN-US) /Lang (EN-US) /Pg 25 0 R /S /P /P 5056 0 R << 2244 0 obj /P 145 0 R /P 5478 0 R 4073 0 obj /K 514 endobj << /Pg 24 0 R 2229 0 obj << 1400 0 obj /P 5104 0 R /Pg 25 0 R /Lang (EN-US) endobj >> /K 567 /Pg 23 0 R /Lang (EN-US) endobj /S /P >> >> /K 517 endobj /P 6240 0 R >> /Pg 22 0 R >> /Pg 25 0 R 2303 0 obj endobj /S /Artifact << >> /S /Artifact endobj /S /Artifact Cliffwater 2022 Study on Private Fund Fees & Expenses for Direct Lending /Pg 22 0 R /S /Artifact << << /S /Artifact /Pg 22 0 R endobj 3661 0 obj /K 187 /Pg 25 0 R /S /Artifact << /Pg 25 0 R >> 2378 0 obj /K 1306 /S /P << >> 3769 0 obj /S /P /P 5454 0 R >> >> /Pg 23 0 R 403 0 obj >> /TextBox /Art /Lang (EN-US) << endobj endobj /K 1362 endobj 3498 0 obj << 4608 0 R] /Lang (EN-US) /Lang (EN-US) endobj /S /Artifact /Lang (EN-US) /Pg 18 0 R /S /Artifact >> 2588 0 obj << << >> >> /P 5795 0 R /Pg 25 0 R /S /P 4254 0 obj /Pg 15 0 R /S /Artifact 1201 0 obj /S /P /K 932 endobj /S /P /P 5701 0 R /S /P 12 [null 320 0 R null 2475 0 R null null 2476 0 R null null 2477 0 R /P 5493 0 R 1216 0 obj << >> 2914 0 obj /Pg 22 0 R /K 1097 << >> 2838 0 obj >> << /Lang (EN-US) /Pg 24 0 R 1626 0 obj /Lang (EN-US) /S /P 818 0 obj endobj << /Pg 23 0 R << << /K 1325 /S /Artifact /Lang (EN-US) /Lang (EN-US) 2891 0 obj /P 5628 0 R >> /K 763 /K 842 /S /Artifact endobj /P 5487 0 R /S /Artifact /S /P /Pg 22 0 R /Pg 23 0 R >> /K 1321 >> >> /Lang (EN-US) endobj << 2716 0 obj >> >> >> << endobj A repricing of real estate is underway. /P 10 0 R 2514 0 R null null null 2515 0 R null null null 2516 0 R null 1234 0 obj /Pg 24 0 R /Pg 24 0 R 1248 0 obj /Pg 23 0 R /Lang (EN-US) 2686 0 R null 2687 0 R null 2688 0 R null 2689 0 R 2690 0 R null 2691 0 R endobj /S /Artifact /Pg 22 0 R /S /Artifact 2474 0 obj /Lang (EN-US) /S /P endobj /S /Artifact /Pg 23 0 R 3432 0 obj 2753 0 obj /Pg 24 0 R /K 1333 endobj << >> /K 1143 /K 1284 << /P 10 0 R 3469 0 obj 1650 0 obj endobj /K 1151 /Lang (EN-US) >> >> 4208 0 obj 2213 0 obj /Pg 24 0 R /K 950 >> 1287 0 obj /P 5562 0 R /Pg 20 0 R >> endobj /K 198 4253 0 obj /K 967 << /S /P >> /S /P 3523 0 obj >> >> /P 5280 0 R /K 272 >> /S /Artifact 2044 0 obj >> endobj /Pg 25 0 R /Pg 18 0 R /Pg 23 0 R /P 6560 0 R /S /Artifact >> endobj endobj /Pg 25 0 R /S /P endobj /S /Artifact << endobj 3158 0 obj endobj /Pg 22 0 R /S /Artifact /S /Artifact >> 2273 0 R 2274 0 R 2275 0 R 2276 0 R 2277 0 R 2278 0 R 2279 0 R 2280 0 R 2281 0 R 2282 0 R /Metadata 3 0 R << /Pg 25 0 R /K 935 /K 1174 /S /Artifact /Lang (EN-US) /K [73 74] /S /Artifact 1485 0 obj null null 3870 0 R null null null 3871 0 R null 3872 0 R null 1364 0 obj << /Pg 24 0 R /S /P /Pg 18 0 R >> /S /Artifact 267 0 obj << endobj /S /P 2685 0 obj null null 1952 0 R null 1953 0 R null 1954 0 R null 1955 0 R null /S /P 1288 0 obj 133 0 obj /Pg 24 0 R endobj endobj endobj /K 826 /K 401 /S /P /S /Artifact endobj >> /Lang (EN-US) /Pg 18 0 R >> 1028 0 obj /Lang (EN-US) << /Lang (EN-US) >> /Lang (EN-US) endobj endobj /Pg 25 0 R /K 1171 >> << /K 1220 << endobj /Pg 25 0 R /S /P /P 5654 0 R << /P 6547 0 R /S /Artifact >> Mike Consol on LinkedIn: 5 Questions: The forgotten tertiary real /Lang (EN-US) /K 1216 293 0 obj >> >> /P 4807 0 R /K 182 << /Pg 22 0 R << /K 1135 3195 0 R 3195 0 R 3196 0 R 3197 0 R 3198 0 R 3199 0 R 3200 0 R 3201 0 R 3202 0 R 3203 0 R 165 0 obj /K 1338 /K 0 In high inflation periods, for example, PE has generated returns in excess of about 6% above public stocks. /Pg 22 0 R /Pg 22 0 R 983 0 R null 984 0 R null null null 985 0 R null null null << /Lang (EN-US) << 1577 0 obj 1192 0 obj << /Pg 22 0 R /Annots [4366 0 R 4367 0 R 4368 0 R] 979 0 obj /Pg 18 0 R >> << 1726 0 obj 783 0 obj /S /Artifact /Pg 24 0 R /K 1220 3411 0 obj /S /P /K 355 /Lang (EN-US) 3082 0 obj /Pg 22 0 R /K 1175 /K [1334 1335] /Lang (EN-US) /P 6488 0 R /S /P 806 0 obj /K 1479 endobj Past performance is not a guarantee of future results. /Pg 23 0 R /P 6255 0 R 2758 0 obj 1790 0 obj /S /Artifact /Lang (EN-US) /S /Artifact >> /Lang (EN-US) endobj << /S /P /Lang (EN-US) 3004 0 obj endobj 3562 0 obj /S /Artifact Average Realized Loss (2006 - 2021) Average realized loss is the historical average of the realized gains/losses for the Cliffwater Direct Lending Index. >> 114 0 obj /Lang (EN-US) /Pg 25 0 R << << >> endobj /Pg 23 0 R /Lang (EN-US) endobj /P 6155 0 R /K 208 765 0 obj << << /S /Artifact /S /P /K 760 endobj /P 5926 0 R endobj /K 1469 endobj /Pg 24 0 R >> /T () << /Pg 24 0 R /Pg 24 0 R /S /Artifact endobj /K 1179 /Pg 22 0 R /K 1114 endobj /K 534 644 0 obj >> << /Lang (EN-US) /Lang (EN-US) >> << 3731 0 obj /S /P /S /P >> 3792 0 obj /K 1102 null 123 0 R 124 0 R 125 0 R 126 0 R 127 0 R 128 0 R 129 0 R 130 0 R 131 0 R /Pg 25 0 R /Pg 21 0 R /P 5797 0 R << endobj >> /S /P /K 16 /Pg 23 0 R /S /P 1980 0 obj /Pg 25 0 R /Pg 23 0 R /Pg 24 0 R /P 6059 0 R >> endobj << << endobj /K [1111 1112] /K 262 275 0 obj >> << 1989 0 obj /Pg 22 0 R 1122 0 obj 1138 0 obj /S /P /S /Artifact /Pg 25 0 R /S /P /Pg 25 0 R >> /S /P << /S /P >> >> << /K 298 null 860 0 R 307 0 R null 309 0 R null 861 0 R null null 862 0 R /S /Artifact 3415 0 obj /Pg 24 0 R /P 5011 0 R >> /A 4406 0 R /K 1012 /Pg 24 0 R endobj /Lang (EN-US) 3799 0 obj /K 1401 >> endobj << >> >> endobj /S /Artifact >> /S /P /Parent 8 0 R << /K 464 >> /Pg 22 0 R endobj endobj /S /LBody endobj /K 1539 /P 6228 0 R /Pg 23 0 R /K 1204 >> << /P 6579 0 R /P 5102 0 R << /K 1149 /K 1534 >> << >> >> /Lang (EN-US) /P 5234 0 R /K 1279 endobj 3137 0 R 3138 0 R 3139 0 R 3140 0 R 3141 0 R 3142 0 R 3143 0 R 3144 0 R 3145 0 R 3146 0 R /S /Artifact /S /Artifact endobj /Pg 23 0 R 867 0 obj 1039 0 obj << 2961 0 obj /Lang (EN-US) 2072 0 obj 2917 0 obj /P 10 0 R >> /P 6676 0 R << endobj /S /Artifact endobj /Pg 25 0 R endobj /K 316 endobj 59 0 obj << /Pg 25 0 R /S /P 3388 0 obj << /K 1121 >> endobj >> endobj /Pg 22 0 R /Pg 24 0 R /S /Artifact /Lang (EN-US) >> endobj /S /Artifact endobj /S /Footnote << /Lang (EN-US) /K 1131 endobj /S /P /P 5814 0 R /S /P 1691 0 obj >> endobj /S /P 1425 0 obj >> /Pg 13 0 R endobj /Pg 24 0 R /Lang (EN-US) 2448 0 obj endobj /Pg 24 0 R /Pg 25 0 R 764 0 obj /Pg 23 0 R >> /P 4936 0 R >> /Lang (EN-US) /S /Artifact /S /Artifact /K 387 /S /Artifact endobj 102 0 obj << /S /P /K 10 0 R /P 6298 0 R /S /P >> /Pg 15 0 R >> /P 5397 0 R null null null 1634 0 R null null null 1635 0 R null 1636 0 R >> << >> /S /Artifact /S /P >> /Lang (EN-US) /Lang (EN-US) /K 1456 >> /Pg 23 0 R /K 23 /Pg 18 0 R /K 1292 /K [39 40 41 42 43 44] /Pg 25 0 R >> 1162 0 obj /K 70 /Pg 24 0 R >> << >> >> >> null null null 2696 0 R null 2697 0 R null 2698 0 R null 2699 0 R /K 1287 /P 5910 0 R 1 The Cliffwater Direct Lending Index (the "CDLI") seeks to measure the unlevered, gross of fees performance of U.S. middle mar ket corporate loans, as represented by the underlying assets of Business Development Companies ("BDCs"), including both exchange-traded and unlisted BDCs, subject to certain eligibility requirements. << /K 499 >> /K 29 endobj >> /Pg 23 0 R 1298 0 R 1299 0 R 1300 0 R 1301 0 R 1302 0 R 1303 0 R 1304 0 R 1305 0 R 1306 0 R 1307 0 R /S /P << /K 906 /S /Artifact 4136 0 obj /Pg 25 0 R /Pg 24 0 R >> /K 1287 /P 10 0 R 113 0 obj /K 1548 /Pg 25 0 R << /P 6310 0 R >> >> endobj /P 6172 0 R /S /Artifact >> << /Lang (EN-US) << /K 1268 /Pg 23 0 R /Pg 24 0 R >> 1627 0 obj endobj 3189 0 obj /Lang (EN-US) >> /K 450 << /S /Artifact << << /K 73 >> 1665 0 obj 3272 0 obj /P 5025 0 R /P 4820 0 R /Pg 22 0 R
Bobby Randall Net Worth, My Ex Girlfriend Is Asking Me For Money, Articles C