Announced
Completed
Synopsis
F.A.B. Partners, a private equity firm, completed the acquisition of CIFC, a private debt investment manager, for $333m. “We are very pleased to complete this transaction with F.A.B., which positions CIFC for continued growth in our core investment areas. Over the past decade, we have built a strong, scalable U.S. private debt business supported by a deep, seasoned team of high integrity investment professionals. Our team looks forward to continuing to generate attractive, risk-adjusted returns for our clients worldwide in this dynamic economic environment," Stephen Vaccaro and Oliver Wriedt, CIFC co-CEOs.
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