#25 – Stephen Nesbitt: Cliffwater, Private Debt

Steve is the Co-Founder and CEO of Cliffwater, an investment advisory firm specializing in alternative investments with $78B in AUM (as of 3/31/24). He also manages two private debt funds with combined assets of $23B (as of 3/31/24). Steve shares insights into the history and future prospects of the private debt market.