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Insider · CIK 0001754658

Stephen Lane Nesbitt

presidentofficerdirector

Files at CCLFX (Cliffwater Corporate Lending Fund), CELFX (Cliffwater Enhanced Lending Fund), CPEFX (Cascade Private Capital Fund), CRAFX (Cascade Real Assets Fund). First filing May 9, 2025, latest Sep 23, 2026.

Stephen Lane Nesbitt files SEC Form 4 as president and director at CCLFX (Cliffwater Corporate Lending Fund), and also at CELFX (Cliffwater Enhanced Lending Fund), CPEFX (Cascade Private Capital Fund), CRAFX (Cascade Real Assets Fund). Since May 9, 2025, Stephen Lane Nesbitt has reported 8 open-market buys worth $71M and 0 open-market sells worth $0, the latest filed on Sep 23, 2026.

A track record needs three past buys with six months of prices behind them; Stephen Lane Nesbitt has 0, so none is measured yet.

The newest scored trade: bought $5.0M of CRAFX on Sep 21, 2026, filed Sep 23, 2026, scored 61 (notable). In the last 12 months: 3 buys worth $21M and 0 sells worth $0.

Track record
Not enough history
Fewer than three past buys with six months of prices.
Median 6-month excess
-
after past buys, n = 0
Hit rate
-
past buys that beat the index over 6 months
Open-market trades
8 / 0
$71M bought, $0 sold

Where the trades landed

Last year at the 3 companies this insider has traded most, with each buy and sell on the bar it happened.

CCLFX: Cliffwater Corporate Lending Fund

CCLFXOct 9, 2026 · close 10.18

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™

CELFX: Cliffwater Enhanced Lending Fund

CELFXOct 9, 2026 · close 10.73

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™

CRAFX: Cascade Real Assets Fund

CRAFXOct 9, 2026 · close 10.22

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™

Signals

This insider’s open-market buys and sells, scored.

ScoreCompanyValueHoldingsPrice contextFiled
61Notable
CRAFXbuy 2
Cascade Real Assets Fund
$5.0M
500,000 shares
--
44Moderate
Cliffwater Corporate Lending Fund
$300k
28,681 shares
+0%+9% from low0% from high
58Moderate
Cliffwater Corporate Lending Fund
$15M
1,433,715 shares
+15%+9% from low0% from high
48Moderate
Cascade Private Capital Fund
$1.0M
52,687 shares
+6%+22% from low0% from high
60Notable
Cliffwater Corporate Lending Fund
$3.5M
330,813 shares
+4%+8% from low0% from high
63Notable
Cliffwater Enhanced Lending Fund
$3.5M
321,691 shares
+9%+9% from low0% from high
61Notable
Cliffwater Corporate Lending Fund
$21M
2,000,047 shares
+27%+6% from low0% from high
65Notable
Cliffwater Enhanced Lending Fund
$21M
1,948,811 shares
+99%+7% from low0% from high

Transactions

Every row this insider has filed, 9 in all, newest first.

DateCompanyTransactionSharesPriceValueHoldings afterFiled
Sep 21, 2026CRAFX
Cascade Real Assets Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+500,000$10.00$5.0M500,00020 d ago
Jan 9, 2026CCLFX
Cliffwater Corporate Lending Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+28,681$10.46$300k11,180,821Jan 13, 2026
Nov 25, 2025CCLFX
Cliffwater Corporate Lending Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+777,670$10.63$8.3M10,496,096Dec 15, 2025
Dec 11, 2025CCLFX
Cliffwater Corporate Lending Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+656,045$10.67$7.0M11,152,141Dec 15, 2025
Jul 10, 2025CPEFX
Cascade Private Capital Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+52,687$18.98$1.0M893,848Jul 14, 2025
Jul 10, 2025CCLFX
Cliffwater Corporate Lending Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+330,813$10.58$3.5M9,718,426Jul 14, 2025
Jul 10, 2025CELFX
Cliffwater Enhanced Lending Fund
POpen-market purchase
Class I Sharesindirect: See footnote
+321,691$10.88$3.5M3,883,883Jul 14, 2025
May 7, 2025CCLFX
Cliffwater Corporate Lending Fund
POpen-market purchase
Class I Sharesindirect: JN and BN 2023 Trust
+2,000,047$10.65$21M9,387,613May 9, 2025
May 7, 2025CELFX
Cliffwater Enhanced Lending Fund
POpen-market purchase
Class I Sharesindirect: JN and BN 2023 Trust
+1,948,811$10.93$21M3,911,029May 9, 2025

Questions about Stephen Lane Nesbitt

Answered from the filings on this page, as of the latest one.

Is Stephen Lane Nesbitt buying or selling?

In the last 12 months Stephen Lane Nesbitt reported 3 open-market buys worth $21M and 0 open-market sells worth $0 on SEC Form 4; the latest was bought $5.0M of CRAFX on Sep 21, 2026. Grants, option exercises and tax withholding are not counted.

How did Stephen Lane Nesbitt's past buys perform?

Not measured yet. InsiderTell needs three past buys with six months of prices to publish a track record, and Stephen Lane Nesbitt has 0.

Where does Stephen Lane Nesbitt file Form 4?

Stephen Lane Nesbitt has filed Form 4 at CCLFX (Cliffwater Corporate Lending Fund) as President/Interested Trustee; CELFX (Cliffwater Enhanced Lending Fund) as President/Interested Trustee; CPEFX (Cascade Private Capital Fund) as President/Interested Trustee; CRAFX (Cascade Real Assets Fund) as President. A Form 4 is required of officers, directors and holders of more than 10% of a share class within two business days of a trade.

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Stephen Lane Nesbitt: insider trades and track record | InsiderTell