Barbara is a Senior Managing Director of Cliffwater LLC. Barbara is responsible for administration, operations, compliance, and client reporting. Prior to forming Cliffwater in 2004, Barbara was a Managing Director and principal of Wilshire Associates from 1996 to 2004 and was responsible for the operational and administrative management of the investment consulting and funds management divisions. Previous experience includes corporate finance work for Chase Manhattan Bank in Africa, France and the U.S., private debt securities investments for Northwestern National Life Insurance Company, and operational management for Bankers Trust.