NEW YORK, March 02, 2016 (GLOBE NEWSWIRE) -- CIFC LLC (NASDAQ:CIFC), and its subsidiaries (collectively, “CIFC” or the “Company”) is pleased to announce that it is the recipient of Private Debt Investor’s 2015 Award for CLO Manager of the Year – Americas. This is the third year in a row the firm has received this honor.
“Last year, our team built on the momentum from 2014 by issuing five new CLOs and growing our CLO 2.0 assets under management by $2.6 billion,” said Oliver Wriedt, Co-President of CIFC. “We are grateful for this recognition by our peers and thankful to our investors for their support.”
Private Debt Investor’s third annual awards were presented for 39 categories, covering the Americas, Europe, and Asia-Pacific geographic regions. Winners were determined from more than 3,000 votes cast by eligible voters in the private debt community.
Private Debt Investor is published by PEI, a specialist financial information group focused exclusively on private debt, private equity, private real estate and infrastructure. Formed in London in 2001, PEI publishes five globally-recognized magazines (Private Debt Investor, Private Equity International, PERE, Infrastructure Investor and Private Funds Management) alongside five news websites. It also runs more than 30 market-leading conferences globally, publishes a large library of specialist books and directories and operates a significant training business.
About CIFC
CIFC is a CLO and U.S. corporate and structured credit manager. Headquartered in New York, CIFC is a SEC registered investment adviser and is listed on NASDAQ. The firm currently serves approximately 200 institutional investors globally, and manages approximately $14.2 billion in assets. For more information, please visit CIFC's website at www.cifc.com.
Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These include statements regarding future results or expectations. Forward-looking statements can be identified by forward-looking language, including words such as "believes," "anticipates," "expects," "estimates," "intends," "may," "plans," "projects," "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made, various operating assumptions and predictions as to future facts and conditions, which may be difficult to accurately make and involve the assessment of events beyond CIFC's control. Caution must be exercised in relying on forward-looking statements. The forward-looking statements in this release are subject to risks and uncertainties, and the other risks related to CIFC's business that are described in its annual report on Form 10-K. The forward-looking statements contained in this press release are made as of the date hereof, and CIFC undertakes no obligation to update any forward-looking statement to reflect subsequent events, new information or circumstances arising after the date hereof.