CIFC combines CLO transactions with philanthropy

CIFC Management, like many other credit specialists these days, is active in CLO fundraising, but the $30 billion New York firm has added a unique philanthropic element that executives hope will create long-term gains of a different sort.

The firm’s CLO Initiative for Change contributed $145,000 to Black Girls CODE as its inaugural donation as part of its broader aims supporting racial equity and economic progress in the Black community.

CIFC has partnered with the deal parties of its latest CLO, CIFC Funding 2021-IV, including RBC Capital Markets, Appleby (Cayman), Allen . . .

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