CIFC Asset Management (CIFC) has selected HUB, a SaaS solution designed to simplify and automate investment operations, to streamline its NAV reconciliation and oversight processes.
HUB automates the collection and matching of data from fund administrators, prime brokers, and order management systems, enabling teams to focus on exception management and analysis, improving scalability and operational efficiency.
MD, Head of Investment Operations of CIFC Tom Gough said that with HUB "automating and standardizing NAV reconciliation across funds, the solution provides real-time visibility into reconciliation status, embeds robust validation checks, and captures sign-offs with full audit trails".
He added that "By reducing manual workloads and applying consistent business rules across funds, we’re increasing capacity, improving accuracy, and strengthening oversight — positioning our team to support continued growth with greater efficiency and control."
CIFC is a global alternative investment manager with over $47bn in assets under management, specialising in credit strategies including CLOs, corporate credit, structured credit, and direct lending. The firm serves over 500 investors worldwide.
Norway’s $2.3tn sovereign wealth fund loses $30bn amid global bond selloff
Norway’s $2.3tn sovereign wealth fund, the world’s largest, recorded a $30bn investment loss in the third quarter as rising interest rates…
More
Arini's YTD losses exceed 21% as distressed bets deteriorate
London-based credit hedge fund Arini Capital Management has suffered further losses in October, taking its flagship strategy's decline for…
More
Chinese quant fund Lingjun attracts $300m in overseas capital
Chinese quantitative hedge fund Lingjun Investment has secured more than $300m from international investors as it resumes fundraising…
More