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Friday, October 9, 2026The Morning Brief →Sign in
asset manager

Cliffwater

MARINA DEL REY, CA
CRD: 132167
In network coverage since August 19, 2026 · 5 stories
$48.5BRegulatory AUMSEC Form ADV · Oct 3
213EmployeesForm ADV
Regulatory AUM · Aug 22 – Oct 3
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direct_lending

BlackRock: software loan markdowns reflect AI uncertainty, not weaker Ebitda

First-lien software loans were valued at about 97 per cent of cost in the second quarter, while Lincoln data shows software borrowers grew adjusted Ebitda faster than the wider pool.
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