NEW YORK, March 22, 2013 /PRNewswire/ -- CIFC
Corp. ("CIFC" or the "Company") today announced the intention
to change the Company's stock ticker symbol. Effective Monday, March 25, 2013, the Company's common
shares will commence trading on the Nasdaq Stock Market under the
trading symbol "CIFC" (NASDAQ: CIFC). The previous trading symbol
was "DFR" (NASDAQ: DFR).
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About CIFC
Founded in 2005, CIFC Asset Management (the "Firm" or "CIFC") is
a fundamentals based, relative value credit manager with
$10.9 billion under management from
corporate loan based products as of September 30, 2012. Our senior management team
averages 30 years of credit experience in having managed credit
businesses in every cycle since the 1980's.
Headquartered in New York, CIFC
is a SEC registered investment adviser and a publicly traded
company (NASDAQ:CIFC). We currently serve over 200 institutional
investors globally in providing access to the credit space. CIFC's
primary shareholders include Charlesbank Capital Partners,
Columbus Nova, GE Capital, CIFC
management as well as public shareholders. For more information,
please visit CIFC's website at www.cifc.com.
Certain statements in this press release are forward-looking
statements, as permitted by the Private Securities Litigation
Reform Act of 1995. 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 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.
SOURCE CIFC Corp.