CIFC Asset Management has appointed Mike Martin as managing director, investor solutions as the firm expands further into the wealth channel.
According to CIFC, Martin’s appointment will help deepen relationships with wealth platforms and registered investment advisers (RIAs).
“Mike’s extensive experience makes him a tremendous addition to our investor solutions team,” CIFC said in a statement on LinkedIn. “His arrival reflects our ongoing commitment to building lasting, meaningful partnerships across the wealth channel.”
Read more: BNY Mellon to offer clients access to CIFC’s direct lending strategy
CIFC’s move further into the wealth channel reflects a broader trend across the alternative credit industry, as firms seek to attract investors beyond traditional institutional channels, creating new products aimed at RIAs and affluent retail investors.
The appointment also comes as recent research suggests alternatives have evolved from niche offerings within wealth management portfolios into core allocations, as investors seek diversification and long-term returns in the changing market environment.
Prior to joining CIFC, Martin spent around three years as a director at Bridge Investment Group. Before that, he was vice president for alternative investments at Goldman Sachs.
Martin has also held roles at Man Group and Abbey Capital.
Headquartered in New York, CIFC is a global alternatives manager specialising in private credit and structured credit, with around $47bn (£35bn) in assets under management.
Read more: CIFC launches multi-strategy credit fund
