#USA #New York #Cliffwater #Cascade Private Capital Fund #CPEFX

Cliffwater's Surge: Cascade Private Capital Fund Reaches $5 Billion in AUM

Cliffwater LLC, a prominent player in the private equity landscape, has announced a remarkable milestone - its Cascade Private Capital Fund, identified as CPEFX, has successfully reached an astounding $5 billion in assets under management (AUM). This noteworthy achievement positions CPEFX at the forefront of 1940 Act private equity funds, not only in terms of AUM but also regarding performance and fundraising metrics. Since its inception, CPEFX has astoundingly generated an annualized net return of 21.01%, corroborating its status as a leader in the industry.

The speed and scale at which CPEFX has garnered capital illustrate Cliffwater's strong reputation as a trusted partner in making private markets more accessible to a broad spectrum of investors, especially those in wealth management. Stephen Nesbitt, the CEO of Cliffwater, expressed gratitude for the trust investors have placed in their products. He emphasized that their extensive experience, underpinned by two decades of managing private equity portfolios for institutional clients, has allowed them to create a product that consistently yields impressive results.

Blake Nesbitt, CIO of Cliffwater, added that the firm has consistently proven its ability to deliver impressive returns through a commitment to alignment of interests and high-caliber talent. They regard the growth and positive capital inflow as a validation of their investment strategies and overall market performance. This growth reflects not only the company’s investment acumen but also the evolving demands and interests of the investment community.

CPEFX began its journey as the Barings Private Equity Opportunities Commitments Fund (BPEOC) when it was established on January 7, 2022. On February 27, 2024, it rebranded to CPEFX, with Cliffwater taking on the role of investment adviser. The fund focuses on a diverse range of private equity strategies, allowing it to exploit opportunities generated by market inefficiencies and the dynamic nature of business cycles. As of January 26, 2026, the fund boasts an impressive portfolio consisting of over 240 investments made in collaboration with 156 investment partners across secondaries, co-investments, and primary funds.

The impressive results of CPEFX illustrate the broader trend in private markets, where innovative investment solutions are becoming increasingly vital. Investors are continuously seeking avenues for achieving robust financial returns while also navigating the complexities and risks associated with alternative assets. However, it is important to note that while past performance showcases the fund's excellence in performance metrics, it does not guarantee future outcomes. The nature of investments involves inherent fluctuations, underscoring the need for careful consideration by potential investors.

Cliffwater remains a significant advocate for the responsible navigation of private market investments, urging potential investors to diligently assess their investment goals, risks, charges, and expenses before committing. They recommend reviewing the fund's prospectus, which is accessible through their website or via direct contact.

In concluding remarks about their trajectory, Cliffwater has established itself as a formidable player in the private equity landscape, with a substantial portfolio and an innovative approach to alternative investments. As they continue to execute their vision and strategies, the industry is keenly watching how Cliffwater will sustain its upward momentum and continue to cultivate investor confidence in the evolving dynamics of private equity markets.