April 13, 2011, Deerfield Capital Corp. (NASDAQ: DFR) and CIFC
announced the closing of their merger. The newly combined company
will now operate under the name CIFC Deerfield Corp.
Deerfield Corp. is one of the largest and most established credit asset
management firms globally. The firm currently serves over 250
institutional investors in North America, Europe, Asia and Australia,
and manages approximately $15.4 billion of client assets as of January
1, 2011, including CLO assets under management of $11.6 billion. The
firm's CIFC CLO fund family has market-leading performance in the U.S.
managed CLO segment. Based in New York, the firm also has operations in
Deerfield Corp. conducts asset management activities through four
principal subsidiaries: CIFC Investment Management LLC, Deerfield
Capital Management LLC, CypressTree Investment Management, LLC and
Columbus Nova Credit Investments Management LLC, the former three of
which are SEC-registered investment advisers.
Commercial Industrial Finance Corp. ("CIFC") is
a premier corporate credit asset management business combining the best
credit practices of banks and asset managers. Led by Peter Gleysteen,
CIFC's senior team has long experience working together since inception
and previously at JPMorgan Chase. CIFC currently has $6.1 billion in
assets under management across 14 CLOs and other funds, which include
the top performing CIFC "Fund Family" and assets managed or subadvised
by its wholly-owned subsidiary CypressTree. CIFC has a diversified,
global institutional investor base and asset-sourcing relationships with
all major lending institutions. CIFC is a proactive, fundamentals-based
manager with best-in-class processes and controls, high transparency to
investors and a proprietary credit technology platform. CIFC is based
in New York and is an SEC-registered investment adviser.
To learn more about CIFC, click on the available links or Contact Us.