# Cliffwater Corporate Lending Fund Prorates Again as Q3 Requests Hit 16%

Canonical page: https://sequoia-research.com/news/cliffwater-corporate-lending-fund-prorates-again-as-q3-requests-hit-16-ace2cc4b

Author: Sequoia Research
Published: 2026-10-16T22:42:51.180Z
Updated: 2026-10-16T23:16:56.173Z
Original source: [AltsWire](https://altswire.com/cliffwater-corporate-lending-fund-prorates-again-as-q3-requests-hit-16/)
Source published: 2026-10-15T21:00:27.000Z
Type: News
Topics: Alternative Investments

AltsWire reports that Cliffwater Corporate Lending Fund limited third-quarter repurchases to 5% of shares after requests reached approximately 16%. That means roughly one-third of requested shares would be accepted, following a second quarter that also required proportional allocation.

The report distinguishes those offers from the first quarter, when Cliffwater expanded the repurchase to 7%. It also notes that unfilled requests do not automatically carry into the next tender and receive no priority when resubmitted. A cumulative withdrawal figure across several quarters is therefore different from the latest offer's acceptance rate.

[Read the original](https://altswire.com/cliffwater-corporate-lending-fund-prorates-again-as-q3-requests-hit-16/)

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This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

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