Cliffwater Private Credit Fund Faces 17% Redemption Surge

A recent winter storm has brought significant relief to California, which is now experiencing its lowest drought levels since 2020. The heavy snowfall in the San Gabriel mountains, visible behind the downtown Los Angeles skyline on Thursday, March 2, 2023, helped alleviate the state’s historic water scarcity. With less than half of California’s land area currently under drought conditions, the storm has made a substantial impact on the region’s water reserves. (Photographer: Eric Thayer/Bloomberg)

Source: Bloomberg Generated at: 2026-06-02 19:39:52 UTC