Cascade Private Capital Fund (CPEFX) - Private equity

Cascade Private Capital Fund (CPEFX)

Cascade Private Capital Fund (CPEFX)


The Cascade Private Capital Fund (CPEFX) is a 1940 Act-registered interval fund managed by Cliffwater LLC. The fund is designed to provide investors with diversified exposure to private markets.


It was formerly known as the Barings Private Equity Opportunities and Commitments Fund and operates as a non-diversified investment company, which may make it more susceptible to single economic or regulatory events compared to diversified funds.


The fund aims to capture the "beta" of private equity by compensating for economic cycle and illiquidity risks, focusing on opportunistic and less crowded areas of the private equity market.


As of October 31, 2025, it has approximately $4.5 billion in assets under management (AUM), with 235 total investments across 143 investment partners.


(CPEFX) - October 2025 Fact Page


Investment Objective

The primary goal is long-term capital appreciation through a portfolio of private equity, private debt, and other private market investments. It emphasizes generating attractive returns in niche segments of private equity, such as co-investments and secondaries.


Strategy and Asset Allocation

CPEFX invests across the private capital spectrum, with a heavy emphasis on co-investments (42% of portfolio) and secondaries (55%), including LP-led and GP-led secondaries, alongside a small allocation to primaries (3%). The fund's sector breakdown includes:


Portfolio sector composition as of 10/31/2025:


  • Middle Market Buyout: 38%
  • Large Buyout: 24%
  • Venture & Growth: 21%
  • Small Buyout: 15%
  • Structured Capital: 6%


This approach leverages Cliffwater's platform to access deal flow and allocate optimally, avoiding investment dilution. The fund is managed by an experienced team from leading private equity firms.


Cascade Private Capital Fund (CPEFX) by Cliffwater


Key Features and Liquidity
As an interval fund, CPEFX offers daily NAV subscriptions and semiannual liquidity events (repurchasing no less than 5% of outstanding shares). It qualifies as a Regulated Investment Company (RIC), requiring annual distributions of at least 90% of taxable income, and provides tax reporting via Form 1099-DIV.


The minimum investment is $25,000,000 at the firm level, making it geared toward institutional or high-net-worth investors. There are no specific investor requirements beyond that. Glover Park Wealth Management, LLC will conduct a due diligence test to confirm that the client is eligible to invest in the Cascade Private Capital Fund (CPEFX).


Risks

Investing in CPEFX involves risks typical of private markets, including illiquidity (semi-annual with limitations), valuation uncertainties, market volatility, and leverage risks.


As a non-diversified fund, it may be more vulnerable to specific events. Investors should review the prospectus for full details. Review the full CPEFX Prospectus to learn more about the fund.


For the most up-to-date information, consult the fund's official website or prospectus. Cascade Private Capital Fund (CPEFX) by Cliffwater.


Schedule a meeting with Glover Park Wealth Management, LLC to learn more about the Cascade Private Capital Fund (CPEFX) and see if allocating a percentage of your portfolio to private equity via a 1940 Act registered interval mutual fund meets your long-term financial goals.

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Cascade Private Capital Fund (CPEFX)


Glover Park Wealth Management, LLC an SEC(RIA) has firm access to the

Cascade Private Capital Fund (CPEFX)


The Cascade Private Capital Fund (CPEFX) is designed for high net-worth individuals who are looking for exposure to the private equity marketplace.


Which type of investor is the Cascade Private Capital Fund (CPEFX) well suited for?


Investors looking to diversify from the U.S. Market indexes via private equity. High income individuals or any individual or investment company who is looking to diversify their exposure into private equity


The Cascade Private Capital Fund (CPEFX) has 235 investments and 143 investment partners per the (CPEFX) October 2025 Fact Page.

  • Private Equity Diversification

    The fund focuses on investment returns in and less crowded areas of the

    private equity (PE) marketplace.


    The CPEFX Co-investments model and a value-appreciation using secondaries are designed for long-term growth. 


    Cliffwater recruits top talent from market-leading PE firms to target better outcomes for investors in the fund.

  • Cliffwater, LLC - An Experienced Asset Manager in Private Markets

    Cliffwater recruits  top private equity talent from market-leading PE firms. 


    Cliffwater’s emphasis on its interval fund platform (semi-annual liquid) which means CPEFX sees all of the Firm’s deal flow and receives optimal allocations.


    Investor-friendly structure

    Daily ticker-symbol subscription at NAV

    semiannual liquidity and potential annual distributions

Contact us to learn more about the

Cascade Private Capital Fund (CPEFX)


Access private equty markets through an interval mutual fund (Semi-annual liquid)
Cascade Privte Capital Fund
CPEFX - Daily nav Quotes
access private equity markets

Cascade Private Capital Fund - Cliffwater, LLC.

At Glover Park Wealth Management, we believe that private equity investing is a game changer for diversifying the portfolios for the ultra-high-net worth individuals.


By utilizing the Cascade Private Capital Fund by Cliffwater, LLC, ultra-high-net worth individuals can enjoy diversifying into private sectors of the market not available to on the stock exchanges.


Glover Park Wealth Management, LLC is ready to help you navigate these private equity strategies to help broaden and diversify your portfolio for the long-term.

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