NEW YORK--(BUSINESS WIRE)--CIFC Asset Management LLC (“CIFC”), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced the appointment of T. Michael Johnson as a Managing Director and Global Co-Head of Business Development. In this role, Mr. Johnson will work to deepen CIFC’s relationships with current and prospective clients as well as lead capital formation efforts across CIFC’s multi-strategy credit platform alongside James Boothby and Joshua Hughes, the firm’s existing Global Co-Heads of Business Development. Mr. Johnson has nearly 20 years of experience in alternative investment sales and most recently served as a Managing Director and Head of Investor Relations at Carlyle Global Credit.
“T. Michael has an extensive network of institutional relationships amassed over his nearly two-decade career in investment management. Moreover, he is a catalytic manager and strategic thinker with a proven ability to get the most out of sales teams and investment organizations,” said Steve Vaccaro, Chief Executive Officer and Chief Investment Officer of CIFC. “His contributions will undoubtedly be additive to our talented Investor Solutions team as CIFC continues to thoughtfully grow our business and best serve the needs of our global clientele.”
“There has been a bifurcation in the alternative investment space between niche, single-strategy managers and large-scale, diverse platforms which offer investors exposure to multiple strategies and asset classes. In a market environment now defined by volatility and dispersion, there is more value than ever before in being one of the latter, and CIFC has built just that, backed by a best-in-class team of professionals,” added Mr. Johnson. “I look forward to building upon the firm’s relationships as well as leveraging its well-informed research to solidify CIFC’s position as a value-add partner that delivers alpha in the form of risk-adjusted returns, differentiated insights, and thought leadership.”
Prior to joining Carlyle Global Credit, Mr. Johnson was a Senior Managing Director and Head of Business Development at Pretium, a Partner, Managing Director and Head of U.S. Institutional Sales at Paulson & Co., and a Director of Sales & Marketing at Citigroup Alternative Investments. Previously, he was an investment banker in the financial sponsors group at Citigroup and a securities litigation and corporate restructuring attorney at Anderson Kill & Olick. Mr. Johnson holds an M.B.A. from Harvard Business School, a J.D. from the University of Michigan Law School, and a B.A. in Political Science from Boston College, where he graduated summa cum laude and as a member of Phi Beta Kappa.
About CIFC
Founded in 2005, CIFC is an alternative credit specialist offering investment solutions across CLOs, corporate, structured, opportunistic credit and direct lending strategies, designed to deliver consistently attractive risk-adjusted returns to investors globally. The firm leverages its fundamental-based research and deep experience investing across a wide variety of credit cycles and interest rate environments to target investment opportunities that generate alpha while preserving investor principal. CIFC currently manages approximately $40 billion in assets and employs more than 185 professionals in the U.S. and Europe. For more information, visit www.cifc.com.
