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Secondaries

Cascade Private Capital Fund

Formation2021
CategoryInterval Fund
Net Assets

$4.2B

NAV YoY

+198%

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Reported as of September 2025

Principal Portfolio Holdings

HoldingValueAllocation
PATHWAY SELECT LP SERIES A-26
private fund investment in North America
$570.7M13.47%
Pathway Select Fund, LP - 2025
$233.7M5.51%
Cliffwater Corporate Lending F - Cliffwater Corporate Lending Fund
$101.4M2.39%
Proprietary Exposure
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Proprietary Exposure
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About This Fund

The Cascade Private Capital Fund is a '40 Act registered closed-end interval fund managed by Cliffwater. It invests across private equity, private debt, structured equity, and real assets through primary investments, secondaries, co-investments, and listed vehicles. The fund maintains broad geographic exposure including North America, Europe, Asia, and emerging markets. It offers semi-annual limited liquidity through repurchase offers and targets long-term capital appreciation through diversified private capital exposure.