Citigroup has launched a $450 million CLO to be managed by CIFC Deerfield Corp., according to reports. The transaction is the first collateralized loan obligation from CIFC since 2007.

The CIFC Funding 2011-1 CLO is backed by U.S.-dollar broadly syndicated senior secured corporate loans.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.