CIFC Asset Management Announces The Hiring Of Peter McLaughlin As A Managing Director For The Firm's Capital Markets And Distribution Team
NEW YORK, Feb. 18, 2014 /PRNewswire/ -- CIFC Corp. (NASDAQ: CIFC) ("CIFC" or the "Firm") announced today that Peter McLaughlin has joined the Firm as a Managing Director within its Capital Markets and Distribution effort. Mr. McLaughlin brings over 23 years of loan origination, structuring, underwriting and investing experience across both debt and equity markets.
Prior to joining CIFC, Mr. McLaughlin was the Head of Originations for Longroad Asset Management, an operations oriented private equity firm focused on special situations in the middle market. Preceding Longroad, Mr. McLaughlin was with Gottex Fund Management where he led loan origination for the firm's middle market private debt fund and was a member of the investment committee. Prior to joining Gottex in 2008, Mr. McLaughlin was a Director at Contrarian Capital Finance, LP.
"We are very excited to have Peter join the CIFC team as we continue our expansion as a diversified alternative credit manager with a commitment to bring compelling investment opportunities to our investors," said Oliver Wriedt, Head of Capital Markets and Distribution. "Peter's experience in loan origination and direct lending will play an instrumental role in our vision to identify and source more illiquid investment opportunities in the U.S. middle market."
"I am delighted to be a part of the CIFC team," said Mr. McLaughlin. "The Firm has built an envious track record across the credit strategies it manages fostered by strong leadership and a rigorous and disciplined investment process. It's exciting to join at a time when the Firm is building upon its success by diversifying its business to bring new and innovative investment opportunities to market."
CIFC is a fundamentals-based, relative value credit manager. Headquartered in New York, CIFC is an SEC registered investment adviser and a publicly traded company (NASDAQ: CIFC). CIFC currently serves over 200 institutional investors globally. For more information, please visit CIFC's website at www.cifc.com.
This release may contain 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 which reflect CIFC's current views with respect to, among other things, CIFC's operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. CIFC believes these factors include but are not limited to those described under the section entitled "Risk Factors" in its Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as such factors may be updated from time to time in its periodic filings with the Securities and Exchange Commission, which are accessible on the SEC's website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the filings. CIFC undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
SOURCE CIFC Corp.