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Wednesday, October 7, 2026The Morning Brief →Sign in
asset manager

Cliffwater

MARINA DEL REY, CA
CRD: 132167
In network coverage since August 19, 2026 · 4 stories
$48.5BRegulatory AUMSEC Form ADV · Oct 3
213EmployeesForm ADV
Regulatory AUM · Aug 22 – Oct 3
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portfolio

Cliffwater's 5% cap turns redemptions into a three-quarter distribution plan

Advisors whose clients need cash in the next couple of years should treat the $31 billion fund as a position already in wind-down.
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