cliffwater direct lending index

PDF Relative Attractiveness of Direct Lending: Term and Credit Risk 2141 0 obj /K 826 endobj /Pg 24 0 R 3420 0 obj >> 3982 0 obj << endobj /S /P /Pg 23 0 R << >> << /K 119 >> >> /Lang (EN-US) endobj >> /S /P endobj /S /Artifact /Pg 15 0 R >> 2848 0 obj 2539 0 obj /P 5579 0 R /Lang (EN-US) endobj endobj /K 81 1472 0 obj /K 1146 1654 0 obj << /Pg 23 0 R /Lang (EN-US) /Pg 22 0 R /Pg 25 0 R /Pg 22 0 R /Lang (EN-US) /Pg 22 0 R /Pg 25 0 R >> << /Pg 24 0 R 4324 0 R 4325 0 R 4326 0 R 4327 0 R 4328 0 R 4329 0 R 4330 0 R 4331 0 R 4332 0 R 4333 0 R endobj /S /P /K 28 3823 0 obj /Pg 23 0 R /P 5388 0 R 1634 0 obj Loan Note: Credit cycle takes a turn; ESG due diligence template nears /K 612 3814 0 obj >> >> /S /Table /Lang (EN-US) /S /P << /K 1333 << /Pg 24 0 R /S /P /K 1196 /K 863 >> /K 104 /S /P /Pg 24 0 R /P 5714 0 R /Lang (EN-US) /P 5739 0 R The unsmoothed volatility adjustment for the CDLI is 4.5%, which is roughly less than that of the blended public credit index (shown in Exhibit C). /S /P /P 6605 0 R >> endobj endobj 3826 0 obj /K 4 /Lang (EN-US) endobj /Lang (EN-US) >> /Pg 24 0 R /Lang (EN-US) >> /Pg 22 0 R /S /Artifact /Lang (EN-US) /S /P << >> << 3067 0 obj >> 2638 0 obj /S /Artifact endobj >> /S /P /S /Artifact Direct lending represented by the Cliffwater Direct Lending Index (CDLI). endobj /Pg 22 0 R 1188 0 obj << << /Rotate 0 /K 819 4264 0 obj << /Pg 25 0 R endobj /S /P /Lang (EN-US) 259 0 obj /Lang (EN-US) null 1779 0 R null 1780 0 R null 1781 0 R null 1782 0 R null 1783 0 R /S /Artifact >> /S /Artifact /Lang (EN-US) /K 21 /Pg 23 0 R /S /P /K 553 167 0 R 168 0 R 169 0 R 170 0 R 171 0 R 172 0 R 173 0 R 174 0 R 175 0 R 176 0 R null 1557 0 R null 1558 0 R null 1559 0 R null 1560 0 R null 1561 0 R Meallmore Area Manager, 1969 Usc Football Roster, Examples Of Interpretive Communication, Articles C
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/P 141 0 R endobj /K 1019 endobj >> /K 224 2941 0 obj endobj /Type /Page /Pg 22 0 R /P 5539 0 R /Pg 25 0 R >> /Resources 4359 0 R /Pg 25 0 R >> 601 0 R null null 602 0 R null 603 0 R 604 0 R null null 605 0 R /K 913 endobj 791 0 obj /K 1476 /S /Artifact 1362 0 obj endobj << /S /Artifact << << /Pg 14 0 R /K 73 /P 4846 0 R endobj endobj /Lang (EN-US) /S /P << >> /S /P /K 547 3558 0 obj endobj /Pg 24 0 R << << << >> << /K 788 /S /P >> /Pg 22 0 R endobj /Pg 25 0 R /S /Artifact endobj endobj /Pg 24 0 R << endobj 3894 0 obj /P 6501 0 R /S /Artifact endobj /P 5604 0 R << << /Pg 25 0 R /Lang (EN-US) /Lang (EN-US) 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 1389 1753 0 obj /P 6365 0 R >> 1277 0 obj /K 239 /K 1447 3032 0 obj >> endobj << endobj /Pg 24 0 R endobj /S /Artifact /Lang (EN-US) /K 791 << << /K 1145 /P 5215 0 R /S /P PDF Relative Attractiveness of Direct Lending: Term and Credit Risk 2141 0 obj /K 826 endobj /Pg 24 0 R 3420 0 obj >> 3982 0 obj << endobj /S /P /Pg 23 0 R << >> << /K 119 >> >> /Lang (EN-US) endobj >> /S /P endobj /S /Artifact /Pg 15 0 R >> 2848 0 obj 2539 0 obj /P 5579 0 R /Lang (EN-US) endobj endobj /K 81 1472 0 obj /K 1146 1654 0 obj << /Pg 23 0 R /Lang (EN-US) /Pg 22 0 R /Pg 25 0 R /Pg 22 0 R /Lang (EN-US) /Pg 22 0 R /Pg 25 0 R >> << /Pg 24 0 R 4324 0 R 4325 0 R 4326 0 R 4327 0 R 4328 0 R 4329 0 R 4330 0 R 4331 0 R 4332 0 R 4333 0 R endobj /S /P /K 28 3823 0 obj /Pg 23 0 R /P 5388 0 R 1634 0 obj Loan Note: Credit cycle takes a turn; ESG due diligence template nears /K 612 3814 0 obj >> >> /S /Table /Lang (EN-US) /S /P << /K 1333 << /Pg 24 0 R /S /P /K 1196 /K 863 >> /K 104 /S /P /Pg 24 0 R /P 5714 0 R /Lang (EN-US) /P 5739 0 R The unsmoothed volatility adjustment for the CDLI is 4.5%, which is roughly less than that of the blended public credit index (shown in Exhibit C). /S /P /P 6605 0 R >> endobj endobj 3826 0 obj /K 4 /Lang (EN-US) endobj /Lang (EN-US) >> /Pg 24 0 R /Lang (EN-US) >> /Pg 22 0 R /S /Artifact /Lang (EN-US) /S /P << >> << 3067 0 obj >> 2638 0 obj /S /Artifact endobj >> /S /P /S /Artifact Direct lending represented by the Cliffwater Direct Lending Index (CDLI). endobj /Pg 22 0 R 1188 0 obj << << /Rotate 0 /K 819 4264 0 obj << /Pg 25 0 R endobj /S /P /Lang (EN-US) 259 0 obj /Lang (EN-US) null 1779 0 R null 1780 0 R null 1781 0 R null 1782 0 R null 1783 0 R /S /Artifact >> /S /Artifact /Lang (EN-US) /K 21 /Pg 23 0 R /S /P /K 553 167 0 R 168 0 R 169 0 R 170 0 R 171 0 R 172 0 R 173 0 R 174 0 R 175 0 R 176 0 R null 1557 0 R null 1558 0 R null 1559 0 R null 1560 0 R null 1561 0 R

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