Bringing you live news and features since 2006 

CIFC Robert Klein

CIFC appoints senior portfolio manager of structured products

RELATED TOPICS​

Robert J Klein (pictured) has joined CIFC Corp as Senior Portfolio Manager and Managing Director, Structured Products, and will lead the firm’s structured products portfolios. 

In his new role, Klein reports to Co-Presidents Oliver Wriedt and Steve Vaccaro and will also join the firm’s Operating Committee. 
 
“Robert brings a wealth of experience to CIFC and further strengthens our structured products platform,” says Steve Vaccaro, Chief Investment Officer of CIFC. “We have worked closely with him for many years and are very pleased to have him on our team.”
 
Klein joins from Prospect Capital Management, where he was the lead portfolio manager for the firm’s CLO investments. 
 
“I am thrilled to be joining the CIFC platform,” says Klein. “CIFC was one of the first collateral managers that we invested with as I started the CLO business at Prospect, so I have known Oliver, Steve and their team for many years now. I look forward to leading the fundraising and investing efforts for CIFC’s structured products portfolios.  Today there exists a tremendous market opportunity where relative value trades are available in significant size and diversity as many historical buyers of various parts of the CLO value chain have left the market.  This leaves prices weakened, and those with capital to invest with a unique window of opportunity to achieve outsized yields and terrific upside.”
 
Prior to founding the CLO business at Prospect, Klein worked at American Capital, where he was a Managing Director and led the New York private equity and financial sponsor lending teams, leading numerous debt and equity investments. Prior to that he worked at American Securities and American Industrial Partners, both active middle-market private equity firms. Klein began his career in the Mergers and Acquisitions groups of First Boston and Morgan Stanley.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by