Cliffwater corporate lending fund director buys $3.49m in shares

Published 14/07/2025, 23:24
Cliffwater corporate lending fund director buys $3.49m in shares

Stephen Lane Nesbitt, President and Interested Trustee of Cliffwater Corporate Lending Fund (EXCHANGE:CCLFX), a closed-end fund focused on corporate lending investments, acquired 330812.854 shares of Class I Shares on July 10, 2025, at a price of $10.58, for a total transaction value of $3499999. This significant insider purchase signals potential confidence in the fund’s strategy. Want deeper insights into fund performance and insider trading patterns? InvestingPro offers exclusive analysis and detailed metrics. Following the transaction, Nesbitt directly or indirectly owns 9718425.926 shares.

These shares are held by the Nesbitt Family Trust of 1995, BN 2021 Trust, JN 2021 Trust, JN and BN 2023 Trust, and The Terry/Anne Trust, which are trusts for the benefit of Mr. Nesbitt’s family. Mr. Nesbitt disclaims beneficial ownership of such shares.

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