Deerfield Capital has acquired the management contract for Robeco CDO II, according to today’s release.

The CDO was previously managed by Robeco Investment Management, and is collateralized primarily by high-yield corporate bonds.

As of June 17, 2008, the aggregate principal balance of the CDO was $201 million. It has a stated maturity of August 20, 2013, and is subject to customary early amortization provisions.

Deerfield now manages 31 CDOs and structured products, including this contract acquisition, and has total assets under management exceeding $13 billion.

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