Key Takeaways
- • CIFC Asset Management, a $47bn (£35bn) alternative credit specialist, has launched its direct lending strategy on the iCapital Marketplace, per the firm's statement.
- • The strategy targets U.S. lower middle market companies with $50m to $500m in revenue through senior secured, floating-rate loans.
- • CIFC emphasizes financial covenants and cash-pay interest, and says its direct lending portfolio to date includes no covenant-lite loans.
- • The launch gives wealth advisers a new vehicle to evaluate as private credit access for wealth investors expands.
Summary
CIFC Asset Management, an alternative credit specialist with $47bn (£35bn) in assets, has launched its direct lending strategy on iCapital Marketplace, according to a company statement reported by Alternative Credit Investor on September 17, 2026.
The strategy focuses on lending to U.S. lower middle market companies. CIFC concentrates on senior secured, floating-rate loans to borrowers with $50m to $500m in revenue, with an emphasis on financial covenants and cash-pay interest. The firm said its direct lending portfolio has included no covenant-lite loans to date.
CIFC framed the marketplace launch as an opportunity to explore how managers are expanding private credit access for wealth investors. The firm also highlighted that advisers will need to evaluate what distinguishes available strategies as their range grows. The source article does not disclose fund size, target returns, or fee terms for the strategy.
The strategy focuses on lending to U.S. lower middle market companies. CIFC concentrates on senior secured, floating-rate loans to borrowers with $50m to $500m in revenue, with an emphasis on financial covenants and cash-pay interest. The firm said its direct lending portfolio has included no covenant-lite loans to date.
CIFC framed the marketplace launch as an opportunity to explore how managers are expanding private credit access for wealth investors. The firm also highlighted that advisers will need to evaluate what distinguishes available strategies as their range grows. The source article does not disclose fund size, target returns, or fee terms for the strategy.
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