Stephen Lane Nesbitt

President/Interested Trustee · Cliffwater Corporate Lending Fund

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. Data as of Nov 8 2026.

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Return, ttmiAverage return per filing, trailing twelve months

+1.1%

avg across 4 priced filings

Delay-adjustediThe same average, entered at disclosure dates

+1.1%

same 4 filings, from disclosure

Filings, ttm

4 buys · 0 sells · 1 late

Median delay

execution → disclosure

Volume, ttmiDollar value disclosed in the trailing twelve months

$21.0M

shares × price, as filed

Last traded

Sep 21

Filed Sep 23

Impact on $10,000 · 12M

$10,431 (+4.3%)

S&P 500 $10,907 (+9.1%) · 4.8 pts behind

Stephen Lane Nesbitt S&P 500

Derived: compounded across filings from disclosure dates · past 12 months

Open performance→

Volume by month

Buys $71.6M Sells $0

Shares × price, as filed · by filing month · past 24 months

Most traded names

CCLF Cliffwater Corporate Lending Fund CCLFX · 5 buys · 0 sells 5 filings CELF CELFX 2 buys · 0 sells 2 filings CPEF CPEFX 1 buy · 0 sells 1 filing CRAF Cascade Real Assets Fund Class I CRAFX · 1 buy · 0 sells 1 filing

Recent filings

CELFXPURCHASE Cliffwater Enhanced Lending Fund View filing → $21.3M
1,948,811 sh × $10.93
Exec May 7 2025
Filed May 9 2025 · 5:30 PM ET