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CIFC LLC (CIFC LLC) Credit Losses Provision : $0.0 Mil (As of Sep. 2016)


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What is CIFC LLC Credit Losses Provision?

CIFC LLC's credit losses provision for the three months ended in Sep. 2016 was $0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2016 was $0.0 Mil.


CIFC LLC Credit Losses Provision Historical Data

The historical data trend for CIFC LLC's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CIFC LLC Credit Losses Provision Chart

CIFC LLC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Credit Losses Provision
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CIFC LLC Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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CIFC LLC Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CIFC LLC (CIFC LLC) Business Description

Traded in Other Exchanges
N/A
Address
CIFC LLC was incorporated in Maryland on November 22, 2004 under the name of Deerfield Triarc Capital Corp. On July 19, 2011, it changed its name to CIFC Corp. In addition, the state of incorporation of CIFC Deerfield Corp. was changed from Maryland to Delaware. The Company, together with its subsidiaries, is engaged in originating and managing investment products which have corporate credit obligations, senior secured corporate loans as the underlying investments. It manages investments for various types of investors, including pension funds, hedge funds and other asset management firms, banks, insurance companies and other types of institutional investors located across the world. It generally invests in the investment products it sponsors. Its investment processes are overseen by its Investment Research, Portfolio Management and Trading teams. The Company competes with asset management clients and AUM with numerous other asset managers, including those affiliated with commercial banks, broker-dealers and other financial institutions and larger, diversified managers. The Company is subject to various regulatory requirements and restrictions with respect to its asset management activities, periodic regulatory examinations and other laws and regulations.
Executives
Julian Weldon officer: GC, CCO and Secretary 1290 AVENUE OF THE AMERICAS, SUITE 914 NEW YORK NY 10104
Jason Epstein director % COLUMBUS ACQUISITION CORP, 153 EAST 53RD STREET 58TH FLOOR, NEW YORK NY 10022
Robert Machinist director 555 THEODORE FREMD AVE, SUITE B-302, RYE NY 10580
Jeffrey Serota director 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73120
Milton Robert C. Iii officer: General Counsel and Secretary C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Frank C Puleo director 7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
Frederick Arnold director CHATSWORTH ADVISORS, INC., 3 YORK ROAD, LARCHMONT NY 10538
Charlesbank Capital Partners Llc director, 10 percent owner 600 ATLANTIC AVENUE, BOSTON MA 02210
Michael R Eisenson director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Tim R Palmer director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Aaron Daniel Peck officer: (see below) C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Peter Rothschild director 8700 BRYN MAWR AVENUE, 12TH FLOOR, CHICAGO IL 60631
Richard Mandell director C/O TRIAN ACQUISITION I CORP., 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Peter W May director 223 SUNSET AVENUE, PALM BEACH FL 33480
Howard Rubin director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225

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