<< >> endobj /S /Artifact /Pg 24 0 R /S /Artifact /K 842 /K 437 /S /P << /Pg 23 0 R /S /Artifact /P 4771 0 R << /K 1093 /S /Artifact /K 1345 /P 5948 0 R /K 25 >> /Lang (EN-US) /K 848 /K 1159 << /K 952 /Pg 25 0 R /P 6294 0 R 3105 0 obj /P 192 0 R << /K 89 << /K 896 2386 0 obj 929 0 obj /S /Artifact /K 1372 << /Pg 23 0 R /Pg 23 0 R /S /Artifact 2488 0 obj /S /P /Pg 24 0 R /P 6738 0 R 2055 0 obj endobj /Lang (EN-US) /S /Artifact /Pg 22 0 R << >> /S /P /Lang (EN-US) << << /Pg 22 0 R /K 93 endobj /K 679 /K 909 endobj << << << >> /S /P 1952 0 obj /S /P endobj >> /S /Artifact endobj endobj endobj 413 0 obj 1809 0 R null 1810 0 R null 1811 0 R null 1812 0 R null 1813 0 R 1814 0 R /Pg 18 0 R << 1623 0 R null 1624 0 R null 1625 0 R null 1626 0 R null 1627 0 R null 1067 0 obj >> endobj /S /P endobj /K 1519 << >> << /Pg 25 0 R /K 896 endobj >> endobj << /K 347 endobj << /K 1470 << 1607 0 obj /K 1371 /Lang (EN-US) 3835 0 obj << /K 345 endobj >> endobj /Lang (EN-US) endobj 1060 0 obj 622 0 obj /Pg 23 0 R /S /P /K 1338 >> endobj << 1397 0 obj >> /S /P /Pg 22 0 R /S /P >> >> >> Menu. 2116 0 R 2117 0 R 2118 0 R 2119 0 R 2120 0 R 2121 0 R 2122 0 R 2123 0 R 2124 0 R 2125 0 R /S /Artifact endobj endobj endobj >> 2002 0 obj /Pg 13 0 R /S /P /S /Artifact endobj /P 6131 0 R endobj >> /K [1334 1335] /Pg 23 0 R << /S /Artifact /K 167 << /K 117 2171 0 obj << << << /Pg 22 0 R /K 890 /P 6435 0 R >> 3185 0 obj 3371 0 obj /Pg 23 0 R << >> 2864 0 obj endobj 2887 0 obj /Pg 23 0 R << 774 0 obj << 205 0 R 206 0 R 208 0 R 209 0 R 210 0 R null null 564 0 R null null 1043 0 obj /Pg 24 0 R /Pg 23 0 R /K 1329 /P 4666 0 R 2636 0 obj /K 40 endobj >> /S /Artifact /P 5157 0 R /Pg 22 0 R /S /P << endobj /K 469 1138 0 obj /K 206 1949 0 obj endobj /S /Artifact null null 1695 0 R null 1696 0 R null 1697 0 R null 1698 0 R null /Pg 23 0 R endobj >> << 4 The way many of the style indices are constructed is to split the core index into two parts. /Pg 18 0 R /Pg 20 0 R 1628 0 obj endobj /S /P /Pg 23 0 R << << >> ~bXc'lc=FdC_[xZ"~FD>H3^k3 Mn ctfq49H35^`6UuaY=Der t:C /K 137 /S /P /Pg 24 0 R /Lang (EN-US) << /Lang (EN-US) >> endobj /S /P /K 1473 << /P 5571 0 R endobj 2607 0 obj /K 1433 endobj 1065 0 obj /K 341 /P 10 0 R /P 10 0 R >> /S /Artifact /S /P >> /K 1418 785 0 obj endobj >> /Pg 24 0 R >> /S /P /S /P /P 5288 0 R endobj endobj /P 5678 0 R endobj 925 0 obj << >> /K 1309 3215 0 obj << 1157 0 obj << /S /P << The Cliffwater Direct Lending Index (CDLI) seeks to measure the unlevered, gross of fee performance of U.S. middle market corporate loans, as represented by the asset-weighted performance of the underlying assets of Business Development Companies (BDCs), including both exchange-traded and unlisted BDCs, subject to certain eligibility . 972 0 obj /S /P /P 10 0 R /K 9 /Pg 18 0 R /K 1536 application/pdf << >> >> 912 0 obj /S /P >> << 4219 0 obj /P 10 0 R 2612 0 obj >> /K 276 << >> /K 1229 << >> /S /Artifact Access to this resource is limited to existing Cliffwater clients and qualified prospects for our Funds, By clicking "Login", I accept Terms of Use, If you are an RIA, institutional investors, or other prospect for Funds, please contact us to gain access, By clicking "Accept", I accept Terms of Use, For more information to login, call (310) 448-5000 or email info@cliffwater.com, {{CDLI.indexValue}}Index Value ({{CDLI.indexDate}}), {{CDLI.assetFairValue}}BAssets (Fair Value), {{CDLI_S.indexValue}}Index Value ({{CDLI_S.indexDate}}), {{CDLI_S.assetFairValue}}BAssets (Fair Value), {{CDLI_V.indexValue}}Index Value ({{CDLI_V.indexDate}}), {{CDLI_V.assetFairValue}}BAssets (Fair Value), {{CWBDC.indexValue}} Index Value ({{CWBDC.indexDate}}), {{CWBDC.numberofCompanies}}Number of Companies, {{CWBDC.marketCapitalization}}BMarket Capitalization, {{CWBDC.navPremium}}%NAV Premium/Discount. endobj null 1872 0 R null 1873 0 R 1874 0 R null 1875 0 R null 1876 0 R null >> /S /Artifact /Pg 25 0 R << /Lang (EN-US) << >> /S /P >> /K 246 << >> 3253 0 obj << << /K 181 /S /Artifact endobj >> 7 0 obj /Pg 21 0 R /S /P endobj /K 1256 >> null null null 2011 0 R null null null 2012 0 R null 2013 0 R endobj endobj endobj 2905 0 obj >> /Lang (EN-US) The Private Credit Opportunity Part 1 | Canterbury Consulting << /Pg 16 0 R endobj 2789 0 obj << /S /P /P 10 0 R << /Lang (EN-US) endobj /Pg 24 0 R 2435 0 obj << << /P 5306 0 R /Lang (EN-US) /P 10 0 R endobj /Lang (EN-US) /K 1393 >> /S /Artifact 1190 0 obj /K 135 endobj 1989 0 obj << This index captures both mark-to-market volatility (based on quarterly loan valuation changes) as well /P 6076 0 R /Lang (EN-US) << >> /Pg 23 0 R /P 6206 0 R 2585 0 R null 2586 0 R null null null 2587 0 R null null null /P 5376 0 R /Pg 13 0 R 986 0 R null 987 0 R null 988 0 R null 989 0 R null 990 0 R null /S /P /K 1192 endobj 3749 0 obj 856 0 obj /S /Artifact /Pg 25 0 R endobj << endobj /S /P 2092 0 obj /P 5641 0 R >> 3765 0 obj /Lang (EN-US) endobj /K 428 /Pg 23 0 R /Pg 25 0 R endobj >> /P 5814 0 R endobj 3017 0 R 3018 0 R 3019 0 R 3020 0 R 3021 0 R 3022 0 R 3023 0 R 3024 0 R 3025 0 R 3026 0 R 3611 0 obj 204 0 obj << << /K 741 << >> /K 1483 << >> endobj /Lang (EN-US) /K 1175 /K 165 >> /S /Artifact /S /Artifact /K 23 endobj << null 2810 0 R null 2811 0 R null 2812 0 R null 2813 0 R null 2814 0 R /S /Artifact endobj /S /Artifact /K 297 /S /P /P 4404 0 R /Lang (EN-US) 4066 0 obj << << /Pg 22 0 R endobj /S /P /K 387 2669 0 obj /S /Artifact /S /Artifact endobj /S /Artifact /Lang (EN-US) /K 1399 2996 0 obj endobj /Pg 24 0 R endobj endobj endobj >> /P 6453 0 R /Lang (EN-US) /S /Artifact /K [15 411 0 R 134] endobj << 3858 0 obj /K 1166 /K 1389 /P 5653 0 R << /Pg 23 0 R endobj /K 771 >> /Pg 14 0 R 3608 0 obj /S /Artifact endobj /Lang (EN-US) << /K 1361 /Pg 14 0 R 4191 0 obj >> /K 1172 endobj /Lang (EN-US) << /S /P >> endobj 827 0 R null 828 0 R null 829 0 R null 830 0 R 831 0 R null 832 0 R >> << >> endobj /Pg 18 0 R /Pg 22 0 R 4228 0 obj >> /P 6682 0 R << endobj /Pg 25 0 R << /K 61 2225 0 obj >> 769 0 obj /Pg 24 0 R /Pg 24 0 R endobj endobj /P 6286 0 R /P 5877 0 R /K 1550 3282 0 obj 2773 0 obj >> 191 0 obj /K 1393 /S /Artifact /Lang (EN-US) /Pg 25 0 R /S /P /Pg 18 0 R /S /Artifact 3348 0 obj /S /Artifact /S /P /Pg 25 0 R /P 6615 0 R /Pg 24 0 R /K 823 /S /Artifact << endobj /P 5332 0 R /Lang (EN-US) 896 0 obj endobj /P 6181 0 R >> /Lang (EN-US) /P 4888 0 R /K 1509 /Pg 25 0 R >> >> << << << << /Pg 22 0 R The Index measures the unlevered, gross of fee performance of U.S. middle market corporate loans. >> /Pg 24 0 R endobj 2821 0 obj /Pg 25 0 R /P 4437 0 R /Pg 24 0 R /P 5470 0 R /Lang (EN-US) endobj >> endobj << /K 1314 3753 0 R null 3754 0 R null 3755 0 R null 3756 0 R 3757 0 R null 3758 0 R 1455 0 R 1456 0 R 1457 0 R 1458 0 R 1459 0 R 1460 0 R 1461 0 R 1462 0 R 1463 0 R 1464 0 R >> /P 6731 0 R << endobj >> /A 4448 0 R /P 6473 0 R 479 0 obj >> /S /Artifact /S /Figure /Pg 25 0 R 3681 0 obj /Pg 24 0 R >> endobj /S /Artifact << 1667 0 obj >> >> /S /P 100 0 obj >> J.P.Morgan, Guide to Alternatives, 2Q 2020. /Lang (EN-US) /Pg 22 0 R << 1172 0 obj >> /P 6628 0 R endobj /S /Artifact /Pg 22 0 R 1995 0 obj << << /S /P /S /P 419 0 obj /S /Artifact >> /S /Artifact 1830 0 obj null 3649 0 R 329 0 R null 331 0 R null 3650 0 R null null 3651 0 R endobj /Pg 25 0 R /K 1457 endobj /P 5808 0 R >> /K 4 /K 426 endobj 2387 0 obj >> << << /K 1395 2215 0 obj /Lang (EN-US) endobj /S /Artifact /Pg 22 0 R /K 513 808 0 obj /S /Artifact /K 1174 >> /Pg 23 0 R endobj >> /K 150 << /S /Artifact /K 87 /P 6260 0 R /T () /S /P endobj /P 6353 0 R >> endobj /K [212 213 214] /S /P << << /Pg 25 0 R /Lang (EN-US) >> >> >> /K 1233 /K 399 endobj << /Lang (EN-US) 804 0 obj /Lang (EN-US) endobj /Pg 25 0 R /Lang (EN-US) >> 78 0 R] << /S /P << /P 5128 0 R /Pg 22 0 R /S /P endobj /K 449 /Pg 16 0 R >> /K 824 << << << /P 4732 0 R 1155 0 obj 3263 0 obj 2456 0 obj 3962 0 obj /Pg 23 0 R endobj endobj /K 1324 /S /P /S /P >> 2674 0 obj /K 12 /S /Artifact 3409 0 obj 2079 0 obj /Pg 22 0 R /K 1229 << >> 4090 0 obj /S /P /P 6688 0 R /K 1012 /Pg 23 0 R << endobj /S /P >> >> << /P 6721 0 R /K 107 /Pg 22 0 R endobj endobj /K 904 endobj /P 10 0 R >> /Pg 18 0 R >> /P 5326 0 R endobj /S /P /Pg 22 0 R 1752 0 obj /S /Artifact endobj /Pg 23 0 R /K 1255 << /S /P /K 1223 endobj /S /P << /K 78 endobj /P 10 0 R /K 894 /Lang (EN-US) /S /Artifact /K 52 << /K 713 >> /K 48 /S /Artifact >> 2981 0 obj endobj CLIFFWATER and the CLIFFWATER LLC logo are trademarks of Cliffwater LLC. >> /K 1170 440 0 obj endobj << /S /Artifact /Pg 23 0 R /Pg 15 0 R >> >> 1485 0 R 1486 0 R 1487 0 R 1488 0 R 1489 0 R 1490 0 R 1491 0 R 1492 0 R 1493 0 R 1494 0 R >> << /S /Artifact /Lang (EN-US) /Lang (EN-US) 653 0 obj << /Pg 18 0 R 2983 0 obj /P 5644 0 R >> endobj >> endobj 2164 0 obj 2172 0 obj /Pg 25 0 R << /S /Artifact /S /Artifact /S /P /Lang (EN-US) null 2788 0 R null 2789 0 R null 2790 0 R 2791 0 R null 2792 0 R null << /Lang (EN-US) 160 0 obj << /K 1322 endobj /MediaBox [0 0 612 792] << /P 6667 0 R /S /P /Pg 15 0 R /P 6481 0 R /S /P /S /Artifact << /P 10 0 R /S /P /S /P >> /Lang (EN-US) /P 6247 0 R >> /Pg 22 0 R << /S /P r bcErZ%+GXiC 5=:e5}cK /Lang (EN-US) << /Pg 23 0 R /S /Artifact >> 3175 0 obj /K 1158 /S /Artifact << /Pg 19 0 R /K 1409 /P 6156 0 R endobj >> >> >> /K 958 /K 1446 << << /S /Artifact endobj >> 4269 0 obj >> endobj null 1562 0 R null null null 1563 0 R null 1564 0 R null 1565 0 R endobj /Pg 22 0 R >> 294 0 obj << endobj /S /Artifact endobj << endobj /Lang (EN-US) endobj /K 1485 << /Pg 24 0 R 4074 0 obj /S /Artifact /Pg 24 0 R /S /P /P 6564 0 R /P 4801 0 R /K 1442 /K 1443 /P 6167 0 R endobj /Pg 25 0 R /K 844 2602 0 obj /P 5375 0 R /K 513 /K 1093 184 0 R 541 0 R 192 0 R 542 0 R 538 0 R 543 0 R 544 0 R 545 0 R 546 0 R 547 0 R /S /P /S /Artifact endobj /P 5782 0 R << /P 5135 0 R /Pg 22 0 R /S /Artifact >> 1787 0 obj /Pg 24 0 R /Lang (EN-US) << 2489 0 obj endobj >> /Pg 25 0 R /S /P 3156 0 obj /S /P /K 1289 /Lang (EN-US) endobj /P 5088 0 R endobj /P 4805 0 R /S /P /K 4 /Pg 22 0 R /Pg 23 0 R /S /Artifact /Pg 24 0 R << /P 5785 0 R 3807 0 obj endobj 2694 0 obj << /Lang (EN-US) /Pg 25 0 R /P 10 0 R << /T () /K 1514 1537 0 obj endobj << >> null null null 1988 0 R null 1989 0 R null 1990 0 R null 1991 0 R /Pg 24 0 R /Pg 25 0 R /K 1128 >> /Lang (EN-US) << /K 0 /S /P /K 26 1846 0 obj endobj 3063 0 obj >> /S /P 187 0 R 188 0 R 189 0 R 190 0 R 191 0 R 192 0 R 193 0 R 194 0 R 195 0 R 196 0 R 4047 0 obj /Lang (EN-US) /S /Artifact /Lang (EN-US) << endobj endobj /P 10 0 R /K 1445 /Lang (EN-US) >> 305 0 obj /Pg 23 0 R /S /P null 3622 0 R null 3623 0 R null 3624 0 R null null null 3625 0 R /Contents 4349 0 R /Pg 24 0 R /K 1371 << /S /Table /K 836 /S /Artifact /S /P /S /Artifact /Pg 23 0 R /Pg 25 0 R !A4( Ezn&Z] | /Pg 24 0 R /Pg 22 0 R << /K 971 /S /Artifact /S /P /K 1311 /S /P /Lang (EN-US) 2670 0 obj Cliffwater's Condrell: Middle-market credits smooth portfolio - AICA /K 1351 /P 5858 0 R 4013 0 obj /Lang (EN-US) endobj /Lang (EN-US) << /K 1399 << endobj /K 1010 /Pg 23 0 R /K 598 << /Lang (EN-US) /S /P /K 28 284 0 R 285 0 R 286 0 R 287 0 R 288 0 R 290 0 R 291 0 R 292 0 R 293 0 R 294 0 R null 1823 0 R null 1824 0 R null 1825 0 R 1826 0 R null 1827 0 R null /Lang (EN-US) /S /Artifact << /Resources 4371 0 R << /S /P >> /K 1359 1362 0 obj << >> 482 0 obj /Pg 25 0 R >> /Pg 21 0 R /P 6001 0 R << /Lang (EN-US) /Lang (EN-US) << /K 1334 /K 1257 /P 5957 0 R /S /P /Lang (EN-US) /Pg 23 0 R /Pg 19 0 R /Pg 18 0 R /K 14 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). << >> /Pg 25 0 R >> /S /Artifact /Pg 13 0 R /S /P /CropBox [0 0 612 792] << endobj null null null 2833 0 R null 2834 0 R null 2835 0 R null 2836 0 R /Lang (EN-US) /K 1297 /S /Artifact >> 2110 0 obj /Pg 22 0 R /P 5311 0 R /S /P /S /Artifact /Pg 25 0 R /S /P << /Pg 15 0 R /K 1466 /Pg 24 0 R 2560 0 obj /K 1163 /S /Artifact endobj /S /Artifact /Lang (EN-US) /Pg 22 0 R /Pg 13 0 R /K 214 /S /P >> endobj /P 6087 0 R 3771 0 obj 1436 0 obj >> << /S /Artifact /P 6395 0 R << 4277 0 obj << << >> 746 0 obj /Lang (EN-US) << /Pg 22 0 R 1376 0 obj /S /P /K 1036 endobj /P 6475 0 R /S /P 2557 0 obj << >> /K 135 /K 841 << /Lang (EN-US) /K 406 /S /P 3881 0 obj /P 6616 0 R /Pg 24 0 R /Lang (EN-US) 975 0 obj /Group 4370 0 R << /S /Artifact /P 4765 0 R /K 468 /Pg 25 0 R /K 1442 << << /K 437 /Lang (EN-US) 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 5550 0 R << 987 0 obj /S /Artifact /P 6102 0 R /S /P << /Pg 24 0 R /K 1191 /Pg 22 0 R /Lang (EN-US) /K 1283 2263 0 obj >> /K 217 endobj /S /P endobj >> /S /Artifact /P 4952 0 R /S /P /S /P /P 6730 0 R /K [12 4631 0 R] >> /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 /S /P /Pg 23 0 R /Pg 19 0 R /Pg 25 0 R /Pg 22 0 R /Lang (EN-US) /Lang (EN-US) /P 5775 0 R >> endobj 1576 0 obj /S /P /Pg 22 0 R /S /P endobj 1228 0 R 1229 0 R 1230 0 R 1231 0 R 1232 0 R 1233 0 R 1234 0 R 1235 0 R 1236 0 R 1237 0 R /S /P /K 510 /K 1370 /S /Artifact /S /Artifact /Pg 25 0 R >> /K 987 >> 2106 0 R 2107 0 R 2108 0 R 2109 0 R 2110 0 R 2111 0 R 2112 0 R 2113 0 R 2114 0 R 2115 0 R endobj /Pg 25 0 R >> << << 2184 0 obj 756 0 R null 757 0 R null 758 0 R 759 0 R null 760 0 R null 761 0 R 3545 0 R null 3546 0 R null 3547 0 R 3548 0 R null 3549 0 R null 3550 0 R /K [1112 1113] endobj 3696 0 obj << /Lang (EN-US) >> /S /P >> /Pg 25 0 R /Lang (EN-US) /S /P /P 4810 0 R /Pg 23 0 R /P 5096 0 R 2865 0 obj << 3958 0 obj /K 1494 /K 34 /K 397 /K 1109 >> /P 6651 0 R /Lang (EN-US) << 1410 0 obj /K 776 /P 10 0 R /Pg 25 0 R /K 392 /S /P << /Pg 24 0 R endobj /S /P << endobj /Lang (EN-US) /S /P /Pg 24 0 R 2577 0 obj /S /Artifact /S /Artifact /Lang (EN-US) endobj endobj >> /Lang (EN-US) >> 2729 0 R 2730 0 R null 2731 0 R null 2732 0 R null 2733 0 R null 2734 0 R << /Tabs /S /S /P endobj /S /P /Pg 24 0 R /P 4743 0 R << /Lang (EN-US) /K 709 /K 1179 /P 10 0 R /Pg 25 0 R /K 322 << /S /Artifact << /K 1136 << 2467 0 obj >> /Pg 26 0 R endobj /Pg 22 0 R /S /P endobj >> << << /P 6361 0 R 2869 0 obj << /K 1137 /Pg 23 0 R /Pg 23 0 R 3957 0 obj /P 5973 0 R /Pg 22 0 R 1615 0 obj /P 4936 0 R endobj /Pg 18 0 R >> >> << 1540 0 obj endobj /Pg 25 0 R 3730 0 obj /P 10 0 R /Pg 13 0 R endobj >> (2) Refinitiv LPC's 4Q22 Sponsored Middle Market Private Deals Analysis - January. 944 0 obj /Pg 24 0 R /S /P << << /Pg 23 0 R << /Pg 22 0 R /Lang (EN-US) << << endobj << endobj endobj 3307 0 obj /Lang (EN-US) /P 5051 0 R /S /Artifact >> /P 10 0 R /P 10 0 R /K 1492 4099 0 obj /Pg 25 0 R << >> /Lang (EN-US) /K 604 endobj /K 75 /K 1308 /K 1257 3879 0 obj << << 2268 0 obj >> >> >> /Pg 20 0 R endobj /S /Artifact >> << /Pg 22 0 R 3704 0 R null 3705 0 R null 3706 0 R null 3707 0 R null 3708 0 R 3709 0 R 3421 0 obj /P 6501 0 R << /Pg 25 0 R 2839 0 obj /K 934 /S /Artifact 3997 0 obj >> /Pg 22 0 R << /S /Artifact /Pg 23 0 R >> << << /K 813 /K 160 /Lang (EN-US) /Pg 22 0 R /P 5664 0 R /Lang (EN-US) << 2088 0 obj >> /S /Artifact /Lang (EN-US) /S /P /K 1213 /Lang (EN-US) /S /Artifact /Pg 23 0 R endobj /K 1199 4031 0 obj /Lang (EN-US) << /K 153 /P 5371 0 R << 3057 0 obj /Pg 25 0 R << /P 4859 0 R /Pg 14 0 R /S /Artifact /S /Artifact /S /Artifact >> 1853 0 obj 3644 0 obj 283 0 obj /A 4461 0 R endobj /Lang (EN-US) /K 476 endobj endobj >> /K 342 3533 0 obj 2514 0 R null null null 2515 0 R null null null 2516 0 R null 3864 0 obj /Pg 25 0 R /S /Artifact /Pg 24 0 R 3037 0 obj >> /Pg 25 0 R /S /P endobj endobj >> /Lang (EN-US) /Chart /Figure /Pg 25 0 R /Lang (EN-US) /K 1226 1221 0 obj << << /Pg 22 0 R >> /K 156 /P 5495 0 R /S /P /S /P /K 1306 /P 45 0 R /K 671 endobj /K 1330 /S /P 2106 0 obj /K 617 /P 6543 0 R >> 1672 0 obj << 1847 0 obj >> >> endobj 976 0 obj << /S /Artifact << /P 5487 0 R 3647 0 obj >> /S /Artifact >> >> /K 1355 >> /K 484 /K 118 /K 670 >> << endobj 906 0 obj 1112 0 obj /S /Artifact /P 5103 0 R /Pg 24 0 R /Pg 22 0 R 4249 0 obj endobj << /Pg 23 0 R endobj << /K 1330 /K 397 /S /Artifact /Lang (EN-US) /S /P >> /Lang (EN-US) 575 0 obj /P 6735 0 R /K 291 endobj /S /P >> >> Adam Nyhan sur LinkedIn : Corporate Transparency Act Imposes New /Pg 25 0 R /Lang (EN-US) /P 6424 0 R /T () BCRED | Blackstone Private Credit Fund 435 0 R 426 0 R 89 0 R 92 0 R 92 0 R 94 0 R 94 0 R 98 0 R 434 0 R 434 0 R /K 547 /S /Artifact /Pg 24 0 R >> 962 0 obj /Lang (EN-US) /P 6707 0 R >> << /Lang (EN-US) /K 1336 << /K 25 endobj << /Lang (EN-US) /K 103 >> /Lang (EN-US) >> /P 5997 0 R /Pg 24 0 R endobj endobj << 3595 0 obj /K 1134 /Pg 23 0 R /S /P /S /P /Pg 13 0 R >> endobj endobj /K 71 /Pg 24 0 R >> /S /P /S /Artifact /Pg 22 0 R >> /Lang (EN-US) /K 1525 1719 0 obj /P 6544 0 R 1200 0 obj /Lang (EN-US) /S /P /S /Artifact /P 10 0 R /StructParent 17 /Pg 23 0 R /Lang (EN-US) endobj /K 1333 endobj << /Lang (EN-US) /Pg 13 0 R /P 4908 0 R /S /P endobj /Pg 15 0 R << /Pg 23 0 R /Artifact /P /S /P 1504 0 obj /Lang (EN-US) /Pg 25 0 R So we built one. << /K 314 /P 5921 0 R /P 6077 0 R endobj /S /P /P 5522 0 R Private credit remains growing part of pension plan 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