CIFC Asset Management is a credit manager investing in corporate credit, structured credit, opportunistic credit, and middle market direct lending assets. CIFC's clients are primarily collateralized loan obligations (CLOs), open and closed-end funds, privately offered pooled investment funds, and separately managed accounts. CIFC has discretionary trading authority over client accounts. CIFC tailors its advisory services to the individual needs of its client accounts.
Fee Structure
CIFC Asset Management's fees are negotiable and typically include a senior management fee, a subordinated management fee, and incentive management fees for CLOs. For non-CLOs, fees typically include management fees and/or incentive fees. Fees are generally calculated as a percentage of the value of the client account. The firm may waive or reduce fees for certain client accounts or employees and affiliates who invest in client accounts.