NEW YORK, May 05, 2016 (GLOBE NEWSWIRE) -- CIFC LLC (NASDAQ:CIFC), and its subsidiaries (collectively, “CIFC” or the “Company”) was pleased to accept four Creditflux Manager Awards for 2015 in London last night.
CIFC proudly received the most prestigious award of the evening, Manager of the Year, by virtue of its highest average ranking across the nineteen Creditflux award categories. Finalists included Apollo Global Management, Alcentra and Guggenheim Investments.
“It is an honor to receive this recognition among this peer group of top tier managers,” said Chief Investment Officer Steve Vaccaro. “We could not have done this without the support of our investors and are very grateful for their partnership over the past ten years. This award is a testament to the quality and hard work of our entire firm and our unwavering commitment to seeking consistent returns for our investors in all of our strategies.”
CIFC also won: (i) Best US High Yield Fund (for the second year in a row), (ii) Best CLO Fund, and (iii) Best High Diversity CLO. Each of these awards was based on superior statistical performance within that category.
Creditflux bestowed awards in 19 categories covering the Americas, Europe, the Middle East and Africa and Asia-Pacific geographic regions.
About CIFC
Founded in 2005, CIFC is a private debt manager specializing in secured U.S. corporate loan strategies. Headquartered in New York, CIFC is a SEC registered investment adviser and a publicly traded company (NASDAQ:CIFC). Serving institutional investors globally, CIFC is one of the largest managers of senior secured corporate credit. 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.