CIFC (formerly CIFC Deerfield) grazes on a green pasture of investments. Through subsidiaries, the specialty finance company invests in and manages client assets such as asset-backed securities, bank loans, and government securities. It offers some 30 investment products, including separately managed accounts and a private investment fund. CIFC has more than $11 billion of assets under management. Nearly 90% of its portfolio was once devoted to residential mortgage-backed securities (RMBS), but CIFC broadened its investment mix in the wake of the mortgage meltdown. In 2011 Deerfield Capital merged with Commercial Industrial Finance Corp. to create CIFC Deerfield. Shortly later, it changed its name to CIFC.
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| Asset Management |
| Investment Funds |
| Institutional Asset Management |
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| Financials | |
|---|---|
| Company Name | PUBLIC - (TICKER: DFR) BRANCH |
| Market Value | 159.6433 as of 2012-12-28 |
| Fiscal Year-End | Dec |
| 2010 Sales (mil) | 15.474 |
| 2010 Employees | 64 |
| Employee Growth Percent | -4.48% |
| Assets (mil) | 8442.592 |