CIFC Corp. (NASDAQ: DFR), based in New York, is one of the largest senior secured corporate loan asset managers in the world.
The firm combines what it believes are the best underwriting, portfolio management and value maximization practices of banks and asset managers to unlock long-term value for investors. The firm's heritage CIFC CLO Fund Family* has market-leading performance in the U.S. managed CLO segment and has consistently generated alpha performance. CIFC manages $10.7 billion across 29 collateralized loan obligations ("CLOs") as of September 30, 2011 and serves more than 200 institutional investors in North America, Europe, Asia and Australia.
CIFC conducts asset management activities through four principal subsidiaries: CIFC Asset Management LLC, Deerfield Capital Management LLC, CypressTree Investment Management, LLC and Columbus Nova Credit Investments Management LLC, the first three of which are SEC-registered investment advisers. CIFC was formed by the merger of Commercial Industrial Finance Corp. and Deerfield Capital Corp. on April 13, 2011.
Unless the context otherwise indicates, "CIFC" represents CIFC Corp. and its consolidated subsidiaries.
* Comprises the seven CLOs totaling $3.6 billion originated by Commercial Industrial Finance Corp., the predecessor to CIFC Asset Management LLC, between 2006 and 2007.
