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Mar 13 • 15 tweets • 3 min read
Cliffwater told us to ask questions before making statements.
I've been asking. Nobody answers. So here's a thread.
What's good with these marks? $CCLFX
$KCLF Note Issuer. Cliffwater created a structured vehicle. Placed it inside its own fund. Marked it at 100 cents on the dollar. $274 million.