cliffwater direct lending index

<< >> /Pg 23 0 R 901 0 obj >> /Pg 20 0 R /Lang (EN-US) >> /Pg 25 0 R >> /S /Artifact /S /P /K 1439 << /Lang (EN-US) /Pg 24 0 R endobj /Pg 19 0 R /Pg 22 0 R >> 3464 0 obj >> >> endobj << /S /P << 2786 0 obj /S /P 2963 0 obj /K 1267 >> /K 1376 endobj >> /K 1492 << 1005 0 R null 1006 0 R null 1007 0 R null 1008 0 R null null null /S /P /Lang (EN-US) endobj << null 93 0 R null null 420 0 R null 421 0 R null 95 0 R 97 0 R << /Pg 24 0 R /Resources 4379 0 R << /P 5296 0 R /Pg 22 0 R /S /P /Kids [18 0 R 19 0 R 20 0 R 21 0 R 22 0 R 23 0 R 24 0 R 25 0 R 26 0 R] /Lang (EN-US) /S /Artifact endobj /Pg 23 0 R /Pg 24 0 R /K 198 /Pg 25 0 R /K 382 /S /Artifact /Pg 22 0 R /S /Artifact /S /Artifact /Pg 23 0 R /K 37 /Lang (EN-US) 3519 0 obj /Pg 24 0 R >> /S /P << >> << <> /Pg 24 0 R /S /P <> >> /P 5470 0 R 20 432 0 R 21 433 0 R 22 435 0 R 23 438 0 R 24 443 0 R /P 5197 0 R /S /Artifact 3245 0 obj >> << /Pg 24 0 R endobj /P 5472 0 R 2365 0 obj 3512 0 obj endobj << << >> /Pg 23 0 R /P 5584 0 R /P 6474 0 R /K 216 1530 0 obj /S /Artifact endobj /Pg 24 0 R /P 4769 0 R 1231 0 obj /K 406 /S /P endobj endobj >> << endobj /S /Link /Pg 25 0 R /S /P << /Lang (EN-US) /K 2 << /K 665 /K 383 << << /S /Artifact /K 855 /Pg 25 0 R /K 666 1096 0 obj >> 2815 0 R null 2816 0 R null 2817 0 R null 2818 0 R null 2819 0 R null /P 10 0 R 2942 0 obj /K 1348 /Pg 23 0 R >> >> /K 1008 >> >> /Pg 25 0 R << << 4302 0 obj /Pg 24 0 R endobj /Pg 23 0 R >> /P 6428 0 R >> /Pg 22 0 R 1787 0 obj >> null 907 0 R 908 0 R null 909 0 R null 910 0 R null 911 0 R null /Pg 24 0 R >> << >> 1163 0 obj >> /Lang (EN-US) 1701 0 obj /S /Artifact /K 3 /S /P << /S /Artifact >> endobj endobj endobj >> /K 70 /Pg 22 0 R 1371 0 obj 2601 0 obj 1815 0 obj >> >> << << << >> /Pg 22 0 R /Pg 23 0 R /Lang (EN-US) /K 79 /Lang (EN-US) /K 653 /S /P endobj << /S /P /Pg 15 0 R << /S /Artifact /P 10 0 R endobj /S /Artifact 2792 0 obj /S /P /StructParents 5 endobj /S /Artifact /Pg 23 0 R /Pg 24 0 R << >> /Pg 24 0 R /S /P /Lang (EN-US) << /K 1168 >> >> << /S /P 2594 0 obj endobj /P 5273 0 R /K 1355 endobj endobj /S /P << /K 262 << 3726 0 obj /K 364 /Pg 24 0 R endobj /K 1399 /Pg 24 0 R /S /Artifact >> /S /P /Pg 25 0 R << /Pg 21 0 R /Lang (EN-US) 3389 0 obj /S /Artifact /P 5394 0 R /S /Artifact << /Pg 22 0 R /Pg 23 0 R /S /P /S /P /Lang (EN-US) endobj /K 1149 2547 0 obj /K 493 /Lang (EN-US) endobj >> /K 208 << /Pg 23 0 R 647 0 obj /S /Artifact /S /Artifact /Pg 25 0 R /Pg 18 0 R endobj /Lang (EN-US) 3447 0 obj /K 1159 << >> /K 571 << << >> >> /P 6281 0 R /S /Artifact << endobj /Lang (EN-US) /Lang (EN-US) null 2643 0 R null 2644 0 R null 2645 0 R null 2646 0 R null null /K 499 << /K 1309 /K 899 /S /P endobj endobj 1385 0 R 1386 0 R 1387 0 R 1388 0 R 1389 0 R 1390 0 R 1391 0 R 1392 0 R 1393 0 R 1394 0 R /K 1215 << 3783 0 obj /K 1540 /Lang (EN-US) /Lang (EN-US) 324 0 obj /P 5587 0 R << /S /Artifact /S /Artifact /S /Artifact /S /Artifact 2255 0 obj 3716 0 obj << << /Pg 23 0 R /S /P endobj /S /Artifact /P 4637 0 R /K 0 3602 0 obj /Pg 22 0 R /S /Artifact endobj 2096 0 R 2097 0 R 2098 0 R 2099 0 R 2100 0 R 2101 0 R 2102 0 R 2103 0 R 2104 0 R 2105 0 R endobj << endobj /S /Artifact /Pg 25 0 R /K 707 >> >> endobj 2782 0 obj /Pg 23 0 R << 2300 0 obj /K 825 >> /Lang (EN-US) /K 260 /S /P endobj /K 1220 /Pg 24 0 R >> 1486 0 obj 3057 0 R 3058 0 R 3059 0 R 3060 0 R 3061 0 R 3062 0 R 3063 0 R 3064 0 R 3065 0 R 3066 0 R /Pg 25 0 R /S /P /S /P endobj /K 1138 /S /Artifact endobj /S /P /P 6630 0 R /Pg 24 0 R /S /P /S /P /S /LBody 877 0 obj 777 0 obj endobj >> /Lang (EN-US) /S /Figure endobj >> /K 14 /K 662 /S /Artifact /S /Artifact /P 5377 0 R endobj 1391 0 obj /Tabs /S /S /P 2791 0 obj /Lang (EN-US) << /S /Artifact /Pg 22 0 R /S /P /Lang (EN-US) 2057 0 obj /Lang (EN-US) 2884 0 obj << null 3696 0 R 3697 0 R null 3698 0 R null 3699 0 R null 3700 0 R null /K 743 << /K 1199 /Lang (EN-US) 3753 0 R null 3754 0 R null 3755 0 R null 3756 0 R 3757 0 R null 3758 0 R >> << /S /Artifact >> /Lang (EN-US) /Lang (EN-US) /S /P /Pg 23 0 R << /S /Artifact endobj /Lang (EN-US) /Lang (EN-US) 3621 0 obj << 3515 0 R null 3516 0 R null null null 3517 0 R null null null << /S /Artifact 198 0 obj /S /Artifact 94 0 obj >> /K 1212 4323 0 obj /S /P endobj >> /Pg 22 0 R 3456 0 obj /P 4797 0 R >> endobj 148 0 R 148 0 R 148 0 R 148 0 R 159 0 R 159 0 R 159 0 R 159 0 R 172 0 R 172 0 R /S /Artifact /Pg 23 0 R >> /K 212 << endobj /Lang (EN-US) /S /Artifact >> >> /S /P /Pg 22 0 R /K 1425 /P 5198 0 R /P 10 0 R 457 0 obj endobj << /Pg 23 0 R /S /P 2589 0 obj /Pg 25 0 R << /Pg 23 0 R << << 29 0 obj /Artifact /P /P 5217 0 R /Lang (EN-US) >> >> /K 165 /S /P /S /P /P 6177 0 R >> /S /P /S /Artifact << endobj endobj /Lang (EN-US) /P 33 0 R /Pg 26 0 R /Pg 25 0 R /Pg 25 0 R /Pg 24 0 R /P 5729 0 R /S /P /Lang (EN-US) >> >> >> /Pg 24 0 R >> /Lang (EN-US) << << /Pg 22 0 R >> /Pg 18 0 R endobj /K 1321 << << /Pg 14 0 R /S /P >> 3082 0 obj endobj >> >> 1439 0 obj << /K 1287 3054 0 obj 157 0 R 158 0 R 159 0 R 160 0 R 161 0 R 162 0 R 163 0 R 164 0 R 165 0 R 166 0 R /K 1044 /Pg 22 0 R /S /Figure /K 214 << /S /Artifact /K 624 /Lang (EN-US) /S /Artifact /Lang (EN-US) endobj endobj >> /Pg 24 0 R /K 1171 /P 5088 0 R /P 4855 0 R endobj /K 1307 /P 6328 0 R /Lang (EN-US) << /S /Artifact /Pg 22 0 R 513 0 R 514 0 R 515 0 R null 516 0 R null 517 0 R null 518 0 R 519 0 R /Pg 25 0 R /K 643 /K 158 /Pg 23 0 R /S /P endobj 432 0 obj << /S /P >> << >> /Pg 24 0 R endobj /P 10 0 R 1364 0 obj /Pg 25 0 R /K 776 endobj /S /Artifact 1608 0 obj /S /P /Pg 13 0 R << 1475 0 obj 2060 0 obj /S /Artifact << endobj /K 196 /P 5228 0 R << >> /Pg 24 0 R << endobj /Pg 25 0 R endobj /K 782 /K 441 >> >> /K 1070 << >> /Pg 23 0 R /Lang (EN-US) >> /K 1317 endobj endobj /K 556 endobj << >> /Pg 18 0 R 4150 0 obj /S /Artifact /S /Artifact >> /Pg 22 0 R << /Pg 23 0 R null null null 2011 0 R null null null 2012 0 R null 2013 0 R /S /P /K 940 /S /P endobj /K 1218 endobj /Pg 23 0 R /Lang (EN-US) >> /K 1256 269 0 obj << /Lang (EN-US) /Lang (EN-US) /K 1167 endobj /S /P >> 3979 0 obj endobj << /Lang (EN-US) /P 6645 0 R endobj /P 5294 0 R /S /Artifact /K 1507 >> /P 6137 0 R 2720 0 obj /Pg 23 0 R /K 0 1188 0 obj endobj << /K 1512 endobj /Lang (EN-US) /Pg 16 0 R /K 578 3802 0 obj << endobj >> /Pg 25 0 R /Pg 24 0 R /Lang (EN-US) >> /Lang (EN-US) /S /P /K 938 776 0 obj /K [4388 0 R 4389 0 R 4390 0 R 4391 0 R 4392 0 R 4393 0 R] << /S /Artifact 2725 0 obj 4017 0 R 4018 0 R 4019 0 R 4020 0 R 4021 0 R 4022 0 R 4023 0 R 4024 0 R 4025 0 R 4026 0 R >> endobj >> endobj << null 400 0 R null 401 0 R null 402 0 R null 403 0 R null 404 0 R /K 136 << << /Lang (EN-US) endobj 638 0 obj << 3125 0 obj /P 6636 0 R /P 4838 0 R /Pg 25 0 R /K 484 /Pg 23 0 R /Pg 23 0 R >> << null 565 0 R null null null 566 0 R null null null 567 0 R /P 6401 0 R << /S /Artifact 3075 0 obj /S /Artifact /K 1522 2856 0 obj /Pg 18 0 R /S /Artifact 247 0 R 248 0 R 249 0 R 250 0 R 251 0 R 252 0 R 253 0 R 254 0 R 255 0 R 256 0 R /Pg 22 0 R /K 1330 endobj /K 1474 2083 0 obj << 1325 0 obj endobj << /K 1382 /P 6437 0 R 2844 0 obj /Pg 24 0 R << << << /S /Artifact /K 239 /K 840 >> << /S /Artifact /Lang (EN-US) /S /P << endobj /K 557 <> /K 1338 /K 143 >> /S /P /S /P >> endobj endobj /S /P /K 1208 << /Pg 22 0 R /K 355 >> /K 988 /Pg 23 0 R /Pg 16 0 R /K 1523 << /K 1473 3724 0 obj << /Pg 23 0 R /S /P /K 1259 /Lang (EN-US) << 959 0 obj endobj /Lang (EN-US) >> /S /Artifact /S /P endobj /Pg 25 0 R /Pg 24 0 R /S /P >> /P 6597 0 R >> >> /K 1143 /S /P << >> /K 1547 /S /Artifact /K 1384 << >> /P 10 0 R /Pg 22 0 R >> /S /Artifact endobj /Pg 25 0 R 4066 0 obj /S /P << <> /K 900 >> /S /Artifact >> >> /Lang (EN-US) 2987 0 obj /Pg 20 0 R /K 1016 << >> /P 5471 0 R 1898 0 obj >> << /K 169 /Lang (EN-US) 930 0 obj /Pg 25 0 R So we built one. 4154 0 R 4155 0 R 4156 0 R 4157 0 R 4158 0 R 4159 0 R 4160 0 R 4161 0 R 4162 0 R 4163 0 R << /S /Artifact /Pg 25 0 R /K 1542 << 3801 0 obj /P 6241 0 R /P 5617 0 R /Lang (EN-US) /S /Artifact >> /S /Artifact /Pg 22 0 R /Pg 18 0 R /Lang (EN-US) /Lang (EN-US) /S /P /P 6496 0 R /Pg 25 0 R << << endobj endobj << /K 210 /Lang (EN-US) 1985 0 obj /K 1424 /K 1064 null 1562 0 R null null null 1563 0 R null 1564 0 R null 1565 0 R /S /P >> 658 0 obj /P 6644 0 R >> endobj /Pg 14 0 R >> /Pg 24 0 R >> /Pg 22 0 R << endobj /S /P >> << >> << /Lang (EN-US) /P 5658 0 R >> << << /Lang (EN-US) /K 98 /Pg 22 0 R 2818 0 obj /Pg 25 0 R endobj /S /P 2888 0 obj /Pg 22 0 R << /Pg 25 0 R /Pg 13 0 R << 4097 0 obj /K 1174 /P 5213 0 R 3142 0 obj << /S /P /S /P << 286 0 obj endobj /K 1222 /S /P >> /Pg 23 0 R >> 2190 0 obj /S /Link /K 707 /Pg 22 0 R 2775 0 obj /K 578 << /Pg 23 0 R << endobj /Lang (EN-US) /Pg 24 0 R endobj /Pg 17 0 R /Pg 23 0 R /Pg 25 0 R 625 0 obj >> /K 653 endobj 3737 0 obj 1346 0 obj 16 0 obj >> /Lang (EN-US) 3501 0 obj 1081 0 obj /K 1463 endobj >> endobj endobj << >> endobj /Pg 25 0 R /K 1314 /K 1133 >> /Lang (EN-US) /K 190 null null null 974 0 R null 975 0 R null 976 0 R null 977 0 R << endobj >> 2655 0 obj << /Pg 25 0 R endobj >> endobj /Pg 22 0 R 3497 0 obj /P 10 0 R 2543 0 obj /Pg 21 0 R >> /K 1411 >> /S /P /Lang (EN-US) /Lang (EN-US) endobj endobj /S /Artifact << /Pg 22 0 R << /Pg 24 0 R /Pg 23 0 R /P 4946 0 R /S /Artifact endobj /K 62 /Pg 13 0 R 4328 0 obj /Lang (EN-US) <> << endobj /Pg 22 0 R /S /P 2821 0 obj 1472 0 obj /Lang (EN-US) 1577 0 obj /Lang (EN-US) /P 6458 0 R >> /K 1258 endobj /S /Artifact 1114 0 obj >> << null 3737 0 R null null null 3738 0 R null null null 3739 0 R /S /P << endobj << /K 709 466 0 obj endobj /S /P << << /S /P /Lang (EN-US) /S /P /P 6595 0 R /Pg 23 0 R /S /P /K 320 >> /Lang (EN-US) /Pg 25 0 R /Pg 15 0 R << /K 547 /S /P endobj << endobj << endobj endobj /Lang (EN-US) 553 0 obj << /Pg 25 0 R 3900 0 obj /K 1270 /K 73 /Lang (EN-US) endobj >> >> /P 5019 0 R 1625 0 obj 1600 0 obj /Pg 25 0 R /K 5 /P 6371 0 R 4201 0 obj 592 0 obj /S /Artifact /K 778 << /Lang (EN-US) /S /Artifact /Lang (EN-US) << /K 593 << >> endobj /Type /Page 4204 0 R 4205 0 R 4206 0 R 4207 0 R 4208 0 R 4209 0 R 4210 0 R 4211 0 R 4212 0 R 4213 0 R >> /P 5298 0 R 2433 0 R 2434 0 R 2435 0 R 2436 0 R 2437 0 R 2438 0 R 2439 0 R 2440 0 R 2441 0 R 2442 0 R /K 148 << endobj /Pg 24 0 R /P 6163 0 R /Pg 25 0 R /K 1487 endobj /S /P /K 378 155 0 obj << /K 1443 >> endobj /Lang (EN-US) /P 5581 0 R << << /K [9 410 0 R 132] /Lang (EN-US) /Pg 18 0 R << << endobj /K 978 /K 770 /K 724 /Pg 19 0 R /Lang (EN-US) << endobj /K 1449 /Pg 24 0 R 994 0 obj 4307 0 obj >> /Pg 23 0 R /S /P /Pg 22 0 R /S /P 4482 0 R] 2608 0 obj /K 364 /P 10 0 R /Lang (EN-US) endobj 885 0 obj 3955 0 obj << /K 1456 >> >> /S /Artifact 3310 0 obj /P 4945 0 R /Pg 25 0 R /Pg 25 0 R /P 6657 0 R >> /K 1299 /S /Artifact /K 1085 1880 0 obj /S /P >> >> << /Lang (EN-US) endobj << /Lang (EN-US) /K 1332 endobj /Pg 22 0 R /Pg 23 0 R << null null 1975 0 R null null null 1976 0 R null 1977 0 R null /Pg 20 0 R 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 /P /K [8 431 0 R 72] /K 738 /S /P /Lang (EN-US) /Lang (EN-US) << /K 1371 /Lang (EN-US) /S /Artifact endobj /K 961 /Lang (EN-US) << 3828 0 obj /K 1347 << 886 0 obj /Lang (EN-US) /P 5336 0 R << << << 136 0 obj /P 4635 0 R 3897 0 obj /K 567 >> endobj /K 173 /Pg 25 0 R /S /P /S /Artifact /Pg 25 0 R /Pg 24 0 R endobj /K 1450 /K 1379 /P 6017 0 R /S /P /P 5573 0 R endobj /Pg 24 0 R << >> /K 1420 <> /K 435 /S /Figure >> /K 1263 /Lang (EN-US) << /S /P << 2691 0 obj null 2837 0 R null 2838 0 R 2839 0 R null 2840 0 R null 2841 0 R null /K 148 /K 950 /Pg 22 0 R 1642 0 R null 1643 0 R null 1644 0 R null 1645 0 R null null null /P 6578 0 R /S /P 3616 0 R null 3617 0 R null 3618 0 R null 3619 0 R 3620 0 R null 3621 0 R 3477 0 obj >> /Pg 18 0 R /K 1198 endobj endobj /S /P /K 1507 3603 0 obj >> /S /P << 4277 0 obj endobj /Pg 25 0 R 1523 0 obj >> << >> /K 1463 /S /P endobj << >> 1586 0 obj /Lang (EN-US) /S /Artifact /K 530 endobj /Pg 13 0 R 2321 0 obj /Pg 24 0 R /P 5459 0 R /S /Artifact >> 2099 0 obj /P 5946 0 R endobj /Pg 24 0 R /Lang (EN-US) >> 409 0 R] /P 5345 0 R endobj /K 59 /P 5146 0 R 2108 0 obj /Pg 23 0 R null null null 3529 0 R null null null 3530 0 R null 3531 0 R /Lang (EN-US) endobj null 274 0 R 274 0 R 274 0 R 274 0 R 289 0 R 289 0 R 289 0 R 289 0 R 289 0 R 3045 0 obj << /Lang (EN-US) /Pg 24 0 R endobj >> 1461 0 obj /Pg 23 0 R /S /P /Lang (EN-US) /S /P endobj >> /K 549 >> /Pg 22 0 R /Pg 24 0 R >> >> << /Footnote /Note /S /Artifact /K 647 /P 5577 0 R 3774 0 obj 1107 0 obj >> /S /P /Pg 25 0 R >> /S /Artifact /P 6539 0 R /Lang (EN-US) 220 0 obj Why is US unemployment falling even as interest rates are rising? << >> /S /P << >> >> /S /P /K 23 /P 6534 0 R >> /S /Artifact /S /Artifact 4107 0 R 4108 0 R 4109 0 R 4110 0 R 4111 0 R 4112 0 R 4113 0 R 4114 0 R 330 0 R 4115 0 R >> >> null null null 2833 0 R null 2834 0 R null 2835 0 R null 2836 0 R 4246 0 obj endobj >> /K 1400 /Pg 23 0 R /K 1268 << << << /S /Artifact 4023 0 obj endobj << << >> /S /P /K 1515 448 0 R null null 449 0 R null null 450 0 R null null null endobj endobj /P 6315 0 R /K 1272 /S /Artifact 3266 0 obj /Lang (EN-US) /S /P /K 871 << endobj >> null 2784 0 R null null null 2785 0 R null 2786 0 R null 2787 0 R << /Lang (EN-US) 191 0 R 192 0 R 194 0 R 196 0 R 197 0 R 198 0 R 199 0 R 200 0 R null null /K 490 /P 4728 0 R << /K 1046 >> >> /S /Artifact /Lang (EN-US) >> 424 0 obj /Lang (EN-US) 2132 0 obj 723 0 obj /S /Artifact >> >> <> /Pg 23 0 R 2983 0 obj >> endobj >> 4493 0 R 4494 0 R 4495 0 R 4496 0 R 4497 0 R 4498 0 R 4499 0 R 4500 0 R 4501 0 R 4502 0 R /K 1470 /K 796 356 0 obj 1619 0 obj endobj /S /P << endobj << endobj << /K 625 /Pg 24 0 R 2742 0 obj /K 878 /K 1060 /Lang (EN-US) << /Pg 23 0 R >> /K 1116 << /Lang (EN-US) /Pg 24 0 R /Lang (EN-US) /P 10 0 R << >> /Pg 23 0 R /S /P 3798 0 obj << endobj endobj endobj >> /Pg 23 0 R /P 6144 0 R /P 5721 0 R 1005 0 obj 2307 0 obj /K 141 >> /Pg 22 0 R /K 1486 359 0 R 360 0 R 361 0 R 362 0 R 363 0 R null null 364 0 R null 365 0 R >> << endobj /Lang (EN-US) /S /Artifact << endobj 3749 0 obj endobj 1298 0 obj /Pg 23 0 R /Pg 23 0 R /Lang (EN-US) << endobj 1061 0 obj << 2974 0 obj << endobj 142 0 obj endobj << /Lang (EN-US) /K 77 /Pg 23 0 R endobj 65 0 obj /Pg 22 0 R 3052 0 obj /Lang (EN-US) /S /P endobj /Lang (EN-US) /K 142 /S /Artifact /Pg 25 0 R null 2758 0 R null 2759 0 R null null null 2760 0 R null null /K 1252 /K 1402 /P 5719 0 R << endobj /Pg 22 0 R /Pg 24 0 R 2224 0 obj /Pg 22 0 R >> endobj /S /Artifact << 1506 0 obj /CropBox [0 0 612 792] 2173 0 obj /S /Artifact /K 1327 /S /Artifact /S /Artifact /P 4939 0 R /K 1300 >> << >> /Pg 23 0 R /Pg 23 0 R 756 0 R null 757 0 R null 758 0 R 759 0 R null 760 0 R null 761 0 R << /S /Artifact /Lang (EN-US) /Lang (EN-US) Source: Morningstar, Cliffwater Direct Lending Index, as of December 31, 2021. 3049 0 obj << << /Pg 24 0 R endobj % 3440 0 obj 853 0 obj /P 5689 0 R 864 0 obj /Lang (EN-US) /S /P << endobj endobj /S /Artifact endobj endobj << /S /Artifact /S /P <> /Lang (EN-US) /Pg 23 0 R endobj Live from New York and Hong Kong,. /S /P /Pg 25 0 R << /S /Artifact /P 6523 0 R /S /P /K 73 2088 0 obj endobj 2947 0 obj /Lang (EN-US) /Pg 23 0 R /S /Artifact 2232 0 obj << null 3551 0 R null 3552 0 R null null null 3553 0 R null null << 2665700.00000000 /S /P << /K 904 << 2289 0 obj /Lang (EN-US) endobj 479 0 obj endobj >> endobj endobj endobj 2833 0 obj /K 1342 /K 1266 /S /P /Pg 22 0 R endobj endobj /Lang (EN-US) << 2093 0 obj << /Pg 24 0 R << . endobj 2940 0 obj 1420 0 obj /Lang (EN-US) /K 1165 /K 51 /S /P /S /Artifact /Pg 23 0 R /K 105 >> /K 165 /S /P /Pg 24 0 R << >> << >> 1427 0 obj <> >> /Pg 22 0 R >> >> 892 0 obj >> 4250 0 obj >> 2522 0 obj /S /Artifact /P 5906 0 R /P 6440 0 R /K 713 endobj /Pg 22 0 R << endobj /S /P /P 4824 0 R endobj >> >> endobj /Pg 23 0 R /K 911 << /K 395 /Lang (EN-US) /K 1420 >> >> /K 1413 >> /P 5600 0 R /Outline /Span /P 4730 0 R /P 5178 0 R 4058 0 obj /Lang (EN-US) >> endobj /P 4869 0 R >> /K [180 542 0 R 194 4744 0 R] << 191 0 obj 924 0 obj /Pg 24 0 R /S /P endobj /S /Artifact /Pg 23 0 R /K 1038 << 4 The way many of the style indices are constructed is to split the core index into two parts. /S /Artifact Stephen L. Nesbitt, "Private Debt. >> /K 116 1212 0 obj endobj endobj /S /Artifact << /K 1411 /P 6037 0 R endobj /K 185 /P 5807 0 R 1894 0 obj /S /Artifact << >> endobj << /Lang (EN-US) /Pg 22 0 R /S /P >> /K 1311 /P 5771 0 R /Pg 23 0 R << /Pg 25 0 R /Pg 25 0 R >> << << /K 626 /Pg 25 0 R /Lang (EN-US) endobj /Pg 22 0 R >> /S /P << >> /K 9 endobj /Pg 24 0 R /Lang (EN-US) /K 374 /K 6 /K 797 /P 6748 0 R >> 1955 0 obj /S /Artifact /S /P /K 721 /Pg 25 0 R /Pg 24 0 R 3421 0 R null null null 3422 0 R null 3423 0 R null 3424 0 R null /S /P /P 5552 0 R /K 1241 /Pg 22 0 R >> /K 48 >> << endobj 2214 0 obj >> /S /P /S /P /P 5562 0 R /Lang (EN-US) << >> /S /P /Lang (EN-US) endobj << << <> /Pg 22 0 R /S /P >> >> endobj 2379 0 obj << 2959 0 obj <> 2508 0 obj /Pg 25 0 R /S /P <> << /Pg 25 0 R << << >> /P 6598 0 R endobj 1808 0 obj << >> /P 6489 0 R /Lang (EN-US) /P 5381 0 R << null 3480 0 R null null null 3481 0 R null null null 3482 0 R << endobj /S /Artifact /Lang (EN-US) << /K 803 /Pg 24 0 R 101 0 obj /K 1380 /P 10 0 R 1029 0 obj 1101 0 obj 2416 0 obj endobj << endobj /Pg 24 0 R /P 10 0 R /Pg 25 0 R /S /Artifact endobj /K 1423 /Pg 25 0 R endobj 2479 0 obj /K 1271 endobj /P 5602 0 R << /S /Artifact /S /Artifact /S /P endobj /K 1539 /K 185 /S /P endobj >> /Pg 23 0 R /S /Artifact /Pg 23 0 R >> 1327 0 R 1328 0 R 1329 0 R 1330 0 R 1331 0 R 1331 0 R 1332 0 R 1333 0 R 1334 0 R 1335 0 R 288 0 obj << >> endobj /P 5666 0 R /K 1494 4233 0 obj << << << /K 1478 endobj 2085 0 obj >> /S /P /P 5503 0 R << /Pg 25 0 R endobj /Fund#20Manager (22) /S /Artifact endobj /Pg 24 0 R /S /Artifact /K 1405 /K 1128 3571 0 obj << /Pg 23 0 R endobj >> /K 352 /Pg 18 0 R /P 6217 0 R /K 1360 >> /S /P /Pg 25 0 R >> endobj 1483 0 obj 3372 0 obj /P 6442 0 R << /S /P >> /S /P 2700 0 obj /S /Artifact /S /Artifact >> << endobj /K 1447 >> /K 581 /P 6367 0 R << >> null 568 0 R null null null null null null null null /S /Artifact << /S /Artifact >> /S /P /S /Artifact >> /S /Artifact 3594 0 obj endobj >> /Pg 22 0 R << /Lang (EN-US) endobj 3892 0 R null 3893 0 R null 3894 0 R 326 0 R 3895 0 R 3896 0 R 3897 0 R 3898 0 R 2514 0 obj << << << endobj << /S /P /Pg 25 0 R /Contents 4364 0 R /S /P endobj 2686 0 R null 2687 0 R null 2688 0 R null 2689 0 R 2690 0 R null 2691 0 R /K 1406 /K 724 /Rotate 0 >> 2182 0 obj /Lang (EN-US) << /P 10 0 R 1723 0 obj << /K 385 /K 1115 << /K 4 endobj /S /P endobj /Lang (EN-US) endobj /Pg 24 0 R 893 0 R null 894 0 R null 895 0 R 896 0 R null 897 0 R null 898 0 R /K 478 /Lang (EN-US) /K 1339 /K 1360 /K 1231 /S /Artifact /Pg 13 0 R 701 0 obj 1492 0 obj /S /P /Pg 25 0 R /P 10 0 R >> /S /Artifact 964 0 R null 965 0 R null 966 0 R null 967 0 R 968 0 R null 969 0 R >> /S /P 4031 0 obj 2120 0 obj /Lang (EN-US) endobj endobj endobj /Lang (EN-US) endobj endobj /Pg 25 0 R /K 129 null null 1718 0 R null null null 1719 0 R null 1720 0 R null endobj endobj /K 1531 926 0 obj << endobj /S /Artifact << 3340 0 obj /K 392 << endobj >> << endobj 1475 0 R 1476 0 R 1477 0 R 1478 0 R 1479 0 R 1480 0 R 1481 0 R 1482 0 R 1483 0 R 1484 0 R /P 4878 0 R /Lang (EN-US) /K 998 3539 0 obj /K 1351 /Pg 23 0 R /Pg 22 0 R 3137 0 obj endobj /S /Artifact /K 1414 /P 6126 0 R /K 1452 >> /P 6330 0 R 1084 0 obj 4199 0 obj 1402 0 obj /K 1145 /P 5821 0 R 129 0 obj /K 431 /P 89 0 R >> /S /P >> endobj null 765 0 R null 766 0 R null 767 0 R null 768 0 R null 769 0 R /Pg 17 0 R /Lang (EN-US) /S /Table /S /P endobj endobj >> >> << 745 0 obj << >> /S /P >> /K 722 >> /P 5364 0 R << /Pg 25 0 R /Border [0 0 0] /P 4968 0 R /P 6699 0 R endobj endobj endobj /S /P /Pg 25 0 R /P 5320 0 R /Lang (EN-US) /K 1421 >> /K 435 /Pg 22 0 R /K 29 /Pg 16 0 R >> << /Pg 24 0 R /P 10 0 R Private Debt von Stephen L. Nesbitt (ISBN 978-1-119-94441-6) online kaufen | Sofort-Download - lehmanns.ch /P 5221 0 R 1478 0 obj 820 0 obj endobj >> /K 1472 /Pg 25 0 R >> endobj /P 5849 0 R /Pg 22 0 R /Lang (EN-US) >> >> Cliffwater Direct Lending Index Our performance analysis relies on the Cliffwater Di-rect Lending Index ("CDLI"), an asset-weighted in-dex of over 6,000 directly originated middle market loans totaling $99 billion in assets. /Lang (EN-US) /Pg 23 0 R 3905 0 obj /S /Artifact << >> /Pg 19 0 R endobj endobj /K 1029 >> << /K 6 /K 1416 2134 0 obj >> >> /S /Artifact >> endobj 3586 0 obj <> /K 1235 >> /Lang (EN-US) /P 6263 0 R /K 1550 << 302 0 obj >> /P 5828 0 R >> /P 5790 0 R /P 4755 0 R /K 126 /K 1169 >> << /Pg 23 0 R 325 0 obj /Pg 23 0 R /Pg 23 0 R /P 6154 0 R /K 426 2154 0 obj /P 5780 0 R >> /Contents 4386 0 R endobj << 409 0 obj /Pg 25 0 R >> >> >> >> << >> /Pg 24 0 R >> /Pg 22 0 R >> << 1050 0 obj << /Pg 23 0 R /S /P 3325 0 obj >> 867 0 obj >> /Lang (EN-US) /K 935 >> endobj << << /K 1398 >> /S /Artifact /S /P >> >> << endobj endobj /K 1239 /Lang (EN-US) 819 0 obj << /Pg 25 0 R /S /P 2383 0 R 2384 0 R 2385 0 R 2386 0 R 2387 0 R 2388 0 R 2389 0 R 2390 0 R 2391 0 R 2392 0 R /P 4430 0 R << /S /P /K 801 >> /Lang (EN-US) endobj 912 0 R null null null 913 0 R null null null 914 0 R null /Pg 22 0 R 4080 0 obj >> endobj 548 0 R 549 0 R 550 0 R 551 0 R 552 0 R 553 0 R 554 0 R 555 0 R 556 0 R 557 0 R 3656 0 obj >> /K 1538 /Pg 25 0 R /Lang (EN-US) 991 0 R 992 0 R null 993 0 R null 994 0 R null 995 0 R null 996 0 R 1975 0 obj /S /P /Pg 25 0 R << << endobj /S /Artifact /S /P >> /K 1467 endobj /Pg 24 0 R 1993 0 obj 2997 0 obj endobj /Lang (EN-US) 1463 0 obj << 2291 0 obj >> /S /P /Pg 20 0 R /S /P endobj /Pg 19 0 R 3100 0 obj endobj 2840 0 obj /P 5172 0 R 2166 0 R 2167 0 R 2168 0 R 2169 0 R 2170 0 R 2171 0 R 2172 0 R 2173 0 R 2174 0 R 2175 0 R /S /P /S /Artifact /S /P /Lang (EN-US) /K 264 endobj /Lang (EN-US) /Pg 23 0 R /K 1238 >> << /Pg 25 0 R /S /P /P 6641 0 R /Pg 14 0 R /K 163 endobj /Lang (EN-US) /Pg 22 0 R /S /P << /K 684 /Resources 4356 0 R /K 108 << /Pg 23 0 R /K 1217 /S /P << /S /P endobj /S /P << /Lang (EN-US) /Pg 23 0 R 11 [311 0 R null 313 0 R null 1546 0 R null null 1547 0 R null null /Pg 22 0 R /Pg 24 0 R null 3439 0 R 3440 0 R null 3441 0 R null 3442 0 R null 3443 0 R null /K 1232 >> endobj /Pg 25 0 R 2020 0 obj << >> /P 5460 0 R << endobj null null null 3883 0 R null 3884 0 R null 3885 0 R null 3886 0 R /P 6648 0 R /P 5214 0 R /S /P /Lang (EN-US) /S /P /Pg 22 0 R /S /P >> /S /P << /K 1271 /K 620 endobj /Pg 25 0 R /K 1137 /P 5888 0 R >> /K 368 1906 0 obj /Resources 4365 0 R /Pg 14 0 R /K 1471 << endobj 1940 0 obj /K 14 /S /P >> /K 1291 /K 1367 /MediaBox [0 0 612 792] /Pg 23 0 R endobj endobj /K 1323 endobj << /Pg 24 0 R >> /K 1213 >> >> /Pg 22 0 R 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 460 0 obj >> 542 0 obj << /S /P 3290 0 obj << /S /Artifact /P 5348 0 R >> /Pg 22 0 R /Pg 23 0 R endobj << /Pg 24 0 R >> 2641 0 obj /K 46 /Lang (EN-US) << endobj /Pg 24 0 R /K 1472 /Lang (EN-US) /Pg 25 0 R /S /Artifact endobj /S /P << /Pg 25 0 R >> /Pg 24 0 R << /K 1276 /K 1467 /S /P /P 10 0 R /Pg 22 0 R >> /P 10 0 R /K 1430 endobj 2268 0 obj /K 1301 <> endobj 2371 0 obj /Pg 24 0 R /Pg 24 0 R 1392 0 obj /Pg 25 0 R 650 0 obj << /Lang (EN-US) /K 1056 /K 42 << /Pg 22 0 R >> /K 1064 911 0 obj endobj << /S /Artifact /K 107 /K 143 << /Pg 24 0 R 272 0 obj 2234 0 obj /Pg 23 0 R /S /P /Lang (EN-US) /S /P /Lang (EN-US) /Pg 16 0 R /MediaBox [0 0 612 792] 3709 0 obj << 988 0 obj >> /P 5069 0 R /S /P >> >> /Lang (EN-US) /S /Artifact endobj /P 5550 0 R >> <> /P 5337 0 R /S /P /K 22 /Tabs /S /S /P >> << /S /P >> 735 0 obj /S /Artifact /S /P endobj /Lang (EN-US) /S /Artifact /S /Artifact /S /Artifact >> /K 1224 /P 6692 0 R /S /P /Lang (EN-US) /K 1228 655 0 R null null null 656 0 R null null null 657 0 R null << << 2294 0 obj /Lang (EN-US) /Pg 23 0 R /S /Artifact /K 1096 /Lang (EN-US) /Annots [4360 0 R 4361 0 R 4362 0 R 4363 0 R] endobj /K 923 endobj endobj /P 45 0 R 1960 0 obj /K 1348 /Pg 24 0 R endobj /Pg 24 0 R >> /Pg 23 0 R /S /P << /Pg 23 0 R /Lang (EN-US) /Pg 23 0 R >> /Lang (EN-US) /S /Artifact << /S /P /Lang (EN-US) /K 5 >> 1916 0 obj >> >> /K 913 >> << /K 61 /Pg 23 0 R /Pg 22 0 R /S /P << << >> /Pg 22 0 R << >> 1719 0 obj /Pg 25 0 R /P 10 0 R /S /P /P 5668 0 R /Pg 25 0 R /Lang (EN-US) << << /Pg 22 0 R endobj 3374 0 R 3375 0 R 3376 0 R 3377 0 R 3378 0 R 3379 0 R 3380 0 R 3381 0 R 3382 0 R 3383 0 R endobj /Lang (EN-US) >> /Pg 22 0 R /P 5750 0 R null 1916 0 R null 1917 0 R null 1918 0 R null 1919 0 R null 1920 0 R << /Lang (EN-US) /S /P << /K 1388 << /K [50 51] >> << /P 5315 0 R 1502 0 obj /S /P << /Lang (EN-US) endobj /S /Artifact /Lang (EN-US) 3360 0 obj 3569 0 obj endobj 1375 0 R 1376 0 R 1377 0 R 1378 0 R 1379 0 R 1380 0 R 1381 0 R 1382 0 R 1383 0 R 1384 0 R /Pg 24 0 R endobj /Lang (EN-US) /P 6516 0 R 1602 0 obj /Pg 22 0 R /K 1046 << /Lang (EN-US) >> endobj endobj << /K 56 /S /Artifact /Pg 25 0 R << 48 0 obj /Pg 18 0 R /K 832 /K 1396 /Pg 23 0 R >> << /P 5180 0 R /Pg 24 0 R << /K 770 3736 0 obj endobj /P 6290 0 R /Pg 25 0 R endobj /Lang (EN-US) /K 1153 /K 788 /K 1183 << /Pg 23 0 R 2136 0 R 2137 0 R 2138 0 R 2139 0 R 2140 0 R 2141 0 R 2142 0 R 2143 0 R 2144 0 R 2145 0 R << >> /Pg 23 0 R /P 5159 0 R /Lang (EN-US) endobj /K 347 /K 60 /Pg 14 0 R /P 6526 0 R /Lang (EN-US) /K 1091 /K 43 /S /Artifact /K 385 /K 95 endobj endobj endobj /Pg 24 0 R << << >> /Pg 22 0 R /K 64 /Type /Page << >> /K 1443 4306 0 obj /K 1416 /S /P endobj /Pg 18 0 R /K 293 << /Pg 24 0 R 1130 0 obj endobj 1326 0 obj 1951 0 obj /Pg 24 0 R /Pg 25 0 R << /Pg 25 0 R << /S /P >> /K 1171 /Pg 23 0 R /Pg 22 0 R /Pg 24 0 R endobj /Lang (EN-US) /K 459 << 3007 0 obj endobj /P 10 0 R /K 1436 /Pg 23 0 R /Pg 21 0 R 2080 0 obj /Lang (EN-US) /Pg 23 0 R /P 6529 0 R << << << 1368 0 obj /K 1207 /K 349 >> 1660 0 obj << 2686 0 obj >> /Lang (EN-US) /P 6700 0 R /P 5920 0 R 654 0 obj /K 1179 /Pg 25 0 R >> /K 219 2806 0 obj endobj << << /K 516 << /K 61 /S /P /K 1097 /S /Artifact /P 6671 0 R 2866 0 obj >> /S /Artifact /Pg 22 0 R << 826 0 obj /Pg 24 0 R 2832 0 obj 3520 0 obj /Pg 24 0 R /Lang (EN-US) endobj /Pg 24 0 R /Lang (EN-US) << << /S /P /Pg 24 0 R << /S /Artifact >> /K 769 /Order (2665700.00000000) /P 5187 0 R endobj endobj 1493 0 obj /Pg 22 0 R /K 1271 2850 0 R 2851 0 R null 2852 0 R null 2853 0 R null 2854 0 R null 2855 0 R /Pg 22 0 R /Pg 24 0 R endobj >> endobj endobj /Pg 25 0 R 3401 0 obj 2319 0 obj /S /P 3824 0 obj >> /S /P /Lang (EN-US) /Pg 22 0 R endobj 1239 0 obj >> /Pg 24 0 R <> /P 6730 0 R /Lang (EN-US) 1982 0 obj /K 1157 endobj 3071 0 obj /K 1079 << /Lang (EN-US) /K 212 3963 0 obj >> << /Pg 22 0 R /Lang (EN-US) /Lang (EN-US) endobj /K 111 endobj null null 2917 0 R null 2918 0 R null 2919 0 R null 2920 0 R null /K 664 >> /Lang (EN-US) 1380 0 obj /K 526 /P 6522 0 R >> endobj 2640 0 obj /Lang (EN-US) << /Pg 24 0 R >> endobj << /K 520 1986 0 obj /S /Artifact /K 117 /Pg 22 0 R endobj 1208 0 obj /Pg 22 0 R /K 22 250 0 obj /Lang (EN-US) >> /K 936 /K 133 /P 5402 0 R endobj /S /Artifact /K 287 /P 6128 0 R 4284 0 obj /Pg 25 0 R /Pg 23 0 R /S /P >> /Lang (EN-US) endobj endobj /K 1156 >> 604 0 obj /Lang (EN-US) >> /K 1294 /P 5549 0 R 1566 0 obj endobj /S /Artifact >> >> >> << << endobj endobj /S /Artifact /S /Artifact >> /Pg 25 0 R 2354 0 obj endobj /S /Artifact << /K 1017 << endobj endobj endobj /P 6223 0 R >> endobj /S /P >> >> << >> << >> << endobj /Lang (EN-US) << /Pg 14 0 R >> 1178 0 obj /S /Artifact >> 3400 0 obj >> 436 0 obj >> endobj /Pg 24 0 R /S /Artifact 3807 0 obj << /Lang (EN-US) /P 5744 0 R /K 1234 /P 5918 0 R endobj >> 4185 0 obj /S /P >> endobj /K 1509 /K 1502 2989 0 obj /Pg 22 0 R /S /Artifact /S /P /Pg 23 0 R << /K 0 /S /P /P 10 0 R 955 0 obj /Lang (EN-US) endobj << /K 1010 /Pg 23 0 R >> /S /P /Lang (EN-US) << >> /Lang (EN-US) 1899 0 obj endobj endobj << /Pg 24 0 R /Lang (EN-US) endobj 1510 0 obj 1766 0 obj /P 4751 0 R >> >> /Pg 13 0 R /S /P /P 5064 0 R 1398 0 obj << /K 1295 /S /P <> /S /P >> endobj endobj >> /Lang (EN-US) /K 736 >> endobj /K 1401 /P 10 0 R /Pg 24 0 R endobj /Subtype /Link << /Lang (EN-US) /Lang (EN-US) /Lang (EN-US) /K 1213 /Lang (EN-US) /S /P << >> /S /P /P 10 0 R /K 890 /S /P 2903 0 obj endobj << /S /Artifact /Pg 13 0 R >> /K 75 /S /P << 1561 0 obj 1009 0 obj >> /S /P /K 1270 377 0 obj /K 181 /Lang (EN-US) 1606 0 obj endobj /P 6612 0 R 659 0 obj /K 1445 << endobj 1553 0 obj >> 22 0 obj /P 6357 0 R 158 0 obj /F 4 3206 0 obj /Pg 25 0 R << 4294 0 R 4295 0 R 4296 0 R 4297 0 R 4298 0 R 4299 0 R 4300 0 R 4301 0 R 4302 0 R 4303 0 R /S /P >> 2618 0 obj /K 1 /S /Artifact /S /Artifact /S /P >> /S /P >> /Pg 23 0 R << endobj 276 0 obj 1550 0 obj /Pg 22 0 R << /K [1112 1113] /K 23 /P 6521 0 R /K 274 /K 1318 /S /Artifact /S /P /Lang (EN-US) >> endobj /P 6045 0 R 2466 0 obj /Lang (EN-US) /S /Artifact >> /S /Artifact /Pg 18 0 R >> /S /Artifact /Lang (EN-US)

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