CIFC has named Steve Vaccaro as its sole chief executive officer after his counterpart, Oliver Wriedt, departed the firm, the firm said in a statement last week. The New York-based collateralised loan obligation manager said Wriedt departed to “pursue other opportunities”.
Vacarro and Wriedt were appointed co-presidents of CIFC, which declined to comment, in February 2014 as part of a succession plan that included firm founder Peter Gleysteen resigning as CEO.
