NEW YORK, April 20, 2015 /PRNewswire/ -- CIFC Corp. (NASDAQ: CIFC), a leading relative-value credit manager, today announced that Ruth Lane has joined the firm as Head of Investor Relations, a newly created position.
Ms. Lane reports to Head of Business Development R. Spencer Potts, who joined the firm in February to oversee the expansion and growth of its non-CLO business. The new announcement also comes on the heels of the arrival of Julian Weldon, who joined recently as Head of Corporate Strategy.
"Ruth is an exciting addition to our team and an important piece of the puzzle as we strive to offer the highest quality client service," said Oliver Wriedt, Co-President of CIFC. "We are thrilled to be able to attract such top tier talent as we scale our platform offerings in response to our clients' needs."
Ms. Lane joins CIFC from Mount Kellett Capital Management, where she was Associate Director of Investor Relations and Marketing. At Mount Kellett, she was responsible for supporting the investor relations, marketing, and business development activities of the firm. Before that, she worked in institutional research sales and equity sales trading for Credit Suisse Securities. Ms. Lane graduated from Princeton University with a B.A in Politics.
CIFC is a fundamentals-based, relative-value credit manager investing across CLOs, structured credit and total return portfolios. Headquartered in New York, CIFC is an SEC registered investment adviser and is listed on NASDAQ. The firm currently serves more than 250 institutional investors globally, and manages $13.7 billion in assets. 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.