Cliffwater Enhanced Lending Fund

Non-diversified, closed-end interval fund launched July 1, 2021. Seeks high current income and modest capital appreciation with secondary capital preservation objective. Invests at least 80% of assets in business lending across private credit strategies including direct lending, specialty finance, asset-based lending, venture debt, and other lower-correlation credit strategies. Diversified across numerous sub-strategies. Targets accredited, high-net-worth, and institutional investors. Offers quarterly liquidity via share repurchases at NAV.