Stephen Lane Nesbitt bought $5.0M of Cascade Real Assets Fund Class I (CRAFX)
Executed Sep 21, disclosed Sep 23, 2 days later.
Over the 21 trading sessions from the disclosed entry session (Sep 23), the stock returned +2.9% (delay-adjusted); from the execution session (Sep 21), +2.8%. Derived: entry at the session's open, exit at the close 20 sessions later.
Stephen Lane Nesbitt (President/Interested Trustee) filed 4 Form 4 reports in the trailing twelve months (4 purchases, 0 sales, 1 filed past the two-business-day deadline), most often in Cliffwater Corporate Lending Fund (CCLFX). Across 4 priced purchase filings, the average 21-session return was +1.1% from execution and +1.1% from disclosure (delay-adjusted; derived). The largest single filing was $15.3M of CCLFX (1,433,715 sh across 2 lots, as filed), executed Nov 25 2025.