R. Spencer Potts has joined CIFC Corp. as head of business development. Potts most recently was MD and Head of Business Development at Silver Creek Capital. Seattle-based Silver Creek is an investment advisor.
NEW YORK, Feb. 9, 2015 /PRNewswire/ — CIFC Corp. (NASDAQ: CIFC) (“CIFC” or the “Company”) announced today that R. Spencer Potts joins as Head of Business Development.
Mr. Potts has over 20 years of experience in capital markets, business development and portfolio management. Prior to joining CIFC, he spent eight years as Managing Director and Head of Business Development at Silver Creek Capital LLC, dedicated to the marketing of institutional investment portfolios centered around alternative assets including hedge funds, private equity and real estate. Prior toSilver Creek, he was a Director in Merrill Lynch’s Hedge Fund Origination Group, sourcing and marketing institutional hedge fund portfolios. Prior to Merrill Lynch, he was a portfolio manager with Pinnacle Asset Management, a New York-based fund-of-hedge-funds group. Mr. Potts holds a B.A. in History from the University of New Hampshire. He is Capital Chair for New York City’s largest poverty frontline center, The River Fund New York, and is an active board member for Plyfe, an emerging advertising technology company, and the University of New Hampshire Foundation.
Commenting on the appointment, Oliver Wriedt, Co-President of CIFC, said, “Spencer brings both experience and excitement to the CIFC platform. I’ve had the opportunity to watch Spencer drive the transformation of Silver Creek Capital during the last decade and I am highly confident that he will accelerate product expansion and growth of the CIFC platform. Spencer’s high energy is contagious. We’re thrilled to have him on board.”
CIFC is an SEC registered investment adviser and a publicly traded company (NASDAQ: CIFC). We currently serve over 200 institutional investors globally. For more information, please visit CIFC’s website at www.cifc.com.