Alumia and CIFC Asset Management forge strategic partnership to bring innovative credit solutions to European investors
Luxembourg-based Alumia has partnered with CIFC Asset Management to offer tailored credit strategies, including CLOs and structured credit, to European investors
This collaboration marks a significant step in providing tailored credit strategies to investors across Europe, leveraging CIFC’s extensive expertise in CLOs, structured credit, corporate credit, private credit and opportunistic credit. With $43 billion in assets under management[1] and a strong track record built over nearly two decades, CIFC is uniquely positioned to meet the evolving needs of European investors.
[1] As of 30 September 2024. AUM figures include committed capital, are estimates and are subject to change without notice.
Delivering expertise for European investors
CIFC is recognized for its innovative approach to credit markets, driven by a deep research foundation and a dedicated investment team. The firm’s strategies emphasize risk-adjusted returns and align with the current market environment, offering a valuable opportunity for investors to diversify their portfolios with resilient, attractive credit solutions.
The partnership highlights Alumia’s role as the distributor for CIFC’s liquid credit strategies in the region. Alumia’s strong presence in Luxembourg, Belgium, France, Switzerland, and the Netherlands positions it to effectively introduce CIFC’s expertise to a sophisticated investor base, bringing them four different investments strategies: Global Floating Ratee Credit, Senior Secured Corporate Loan, Multi Strategy Credit and Long/Short Credit .
A Strategic Partnership for a Dynamic Market
David Saab, CEO of Alumia, commented: Our collaboration with CIFC comes at a pivotal time as we navigate a new interest rate cycle. CIFC’s expertise in structured credit and alternative investments allows us to offer innovative solutions tailored to the challenges and opportunities of today’s markets. This partnership underscores our commitment to delivering exceptional value to our clients through strategic, high-quality offerings.
Steve Vaccaro, CEO of CIFC, said: “We see this partnership as a great opportunity to enhance our reach in Europe, where CIFC has built a strong reputation since opening our office in London six years ago. Our strategies now cover a wide sector of the alternative credit market and are designed to meet the needs of a broad range of clients. We look forward to being able to bring them to Alumia’s clients.”
About Alumia
Alumia is a partner-led investment firm focused on providing innovative and unbiased investment advice. With decades of experience and a proven track record, Alumia specializes in sourcing unique solutions that deliver long-term value while mitigating risks. Alumia serves a diverse client base, including family offices, pension funds, and institutional investors, across continental Europe.
Alumia’s strategic minority shareholder, Universal-Investment Group, is one of Europe’s leading fund service platforms, with close to €1 trillion in assets under supervision. This partnership enhances Alumia’s ability to launch innovative solutions tailored to client needs.
About CIFC Asset Management
Founded in 2005, CIFC Asset Management is a leading alternative credit specialist managing $43 billion in assets for over 500 investors globally. The firm is driven by deep market insights and a commitment to providing tailored credit strategies. Headquartered in Miami, with offices in New York, Philadelphia and London, CIFC offers a full suite of credit solutions, from CLOs and corporate loans to opportunistic, direct lending and structured credit strategies.