Cliffwater overview
Stories about Cliffwater
PE outperformed in US state pension portfolios over past two decades – report
Private equity allocations delivered nearly twice the returns of public equities over a 22-year period, according to investment adviser Cliffwater's chief executive.
PE gives US pensions more bang for their buck
Private equity produced a 10.7% annualised return across 21 state pensions, outperforming public equities, according to research from advisor Cliffwater.
LACERS narrows consultant search to three firms
The $16.7bn US public pension will choose Cambridge Associates, Cliffwater or Torrey Cove as its PE consultant.
MCERA negotiates contract with Cliffwater
The US public pension is going through the process of hiring Cliffwater.
Rhode Island hires Cliffwater for private equity
Pacific Corporate Group Asset Management formerly worked as the private equity consultant for the $7.9bn Rhode Island Public Employees' Retirement System.
Cliffwater contact information
Offices
4640 Admiralty Way, 11th Floor, Marina del Rey, Los Angeles, 90292, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Phil Huber | Job titleManaging Director, Head of Portfolio Solutions | LocationChicago, United States | Email  ----------- |
| Key ContactMr. Thomas K Lynch | Job titleSenior Managing Director, Portfolio Advisory Group | LocationNew York, United States | Email ---------- |
| Key ContactMr. Blake Nesbitt | Job titleCIO & Co-Head of Asset Management | LocationNew York, United States | Email --------- |
| Key ContactMs. Gabrielle Zadra | Job titleSenior Managing Director, Head of Private Market Research | LocationLos Angeles, United States | Email -------- |
Cliffwater fund commitments
Known fund commitments: 1
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ------ | Commitment date- | Commitment size- | |
Stories that mention Cliffwater
LP-GP alignment ‘is on the line’, says LP Sentiment Survey
Institutional LPs are unimpressed by GPs chasing individual investors, according to an ILPA survey.
Side Letter: Evergreen returns
A new index sheds fresh light on evergreen fund performance. Plus: Pictet sees investors reallocating as a result of volatility. Here's today's brief, for our valued subscribers only.
Trade wars and Canada's $1.6trn pension industry – should GPs lose sleep?
There are concerns over how welcome foreign capital will be in the US and the knock-on effects this could have on capital allocations.
Side Letter: Rethinking APAC relationships
APAC's PE slowdown could prompt some LPs to refresh their regional GP roster. Plus: New research underscores PE's outperformance relative to public markets. Here's today's brief, for our valued subscribers only.
Side Letter: When LPs hurt GPs' feelings
GPs' emotional responses to LP ESG concerns. Plus: why private credit's glory days may be gone; and Northleaf opens in Seoul. Here's today's brief, for our valued subscribers only.
Side Letter: CVC's deployment drive
CVC is deploying and realising capital at a rapid clip. Plus: HKMA's monumental private equity portfolio just got a little larger; and why dealmakers have cause for optimism. Here's today's brief, for our valued subscribers only.
Side Letter: Advent's dancing elephant
Advent's chairman says the firm is laser-focused on making its $25 billion PE elephant dance. Plus: what's holding back Southeast Asia; and private debt's asset growth is outstripping that of private equity. Here's today's brief, for our valued subscribers only.
Side Letter: PE's track record
New data shows private equity continues to deliver an illiquidity premium over the long run, despite recent blips. Plus: why PA Schools reckons an internal shake-up won't prevent GPs from knocking at its door. Here's today's brief, for our valued subscribers only.