NEW YORK, Aug. 12, 2014 /PRNewswire/ -- CIFC Corp. (NASDAQ: CIFC) ("CIFC") today announced that Matt Andrews has joined the firm as a Managing Director in its Capital Markets & Distribution Group. Mr. Andrews brings 12 years of investment banking, structured finance and business development experience to CIFC.
Prior to joining CIFC, Mr. Andrews was Head of CLO Origination and Structuring for Stamford, Connecticut-based RBS Securities Inc.'s ("RBS") U.S. CLO business. Previously, Mr. Andrews was a Director in RBS's Asset Backed Finance Group where he was responsible for originating, financing, structuring and distributing new issue securitizations backed primarily by leveraged loans, credit cards and consumer loan receivables. Mr. Andrews holds a Bachelor of Business Administration in Finance with a minor in Economics from Southern Methodist University. Mr. Andrews is a CFA charterholder.
Accompanying Mr. Andrews from RBS to CIFC as an Executive Director in the Capital Markets & Distribution Group is Mark Sanofsky. Mr. Sanofsky was a senior member of RBS's U.S. CLO Origination and Structuring Group. Prior to joining RBS, Mr. Sanofsky was an attorney at Dechert LLP where he advised clients on a variety of structured finance transactions, which included broadly syndicated and middle-market CLOs, as well as leveraged loan warehouse facilities. Mr. Sanofsky holds a B.S. in Finance from Brigham Young University and a J.D. from the University of Pittsburgh School of Law.
"We are very excited to have Matt and Mark join the CIFC team. Together we have executed five CLO "2.0" transactions in the course of less than two years. This relationship has been a key driver in the growth and success of CIFC's loan-management platform," said Oliver Wriedt, Co-President. "Matt's experience as a founding member who went on to run RBS's U.S. CLO platform, including his contributions promoting CIFC's CLO and other loan-based products, makes him uniquely qualified to be a significant contributor as a senior member of our team."
The hiring of Mr. Andrews and Mr. Sanofsky continues CIFC's commitment to diversify and expand its credit platform.