Ownership and structure CIFC and its affiliated investment advisers, CIFC Investment Management LLC (“CIM”), LBC Credit Management, L.P. (“LBC”), CLO Manager VS and CIFC Europe are indirect wholly- owned subsidiaries of CIFC LLC. CLO Manager, CLO Manager II, CLO Manager III, CLO Manager VS and CIFC Europe are registered with the SEC as “relying advisers” on CIFC’s Form ADV and therefore this Brochure shall also serve as the Brochure for the relying advisers. CIM and LBC is each separately registered with the SEC as an investment adviser. A copy of CIM’s or LBC’s Brochure is available through the Investment Adviser Public Disclosure page. Unless otherwise noted, this Brochure refers to all the above advisers (collectively, the “Advisers”). CIFC LLC was formerly publicly listed on the NASDAQ stock market under the “CIFC” symbol. On November 21, 2016 (the “Effective Date”), pursuant to an Agreement and Plan of Merger dated August 19, 2016, among CIFC LLC, Centricus Holdings I LP (formerly known as F.A.B. Holdings I LP) (“Parent”) and CIFC Acquisition, LLC, a wholly-owned subsidiary of Parent (“Merger Sub”) and in accordance with the laws of the State of Delaware, Merger Sub was merged with and into CIFC LLC (the “Merger”), with CIFC LLC surviving the Merger as a wholly owned subsidiary of Parent. CIFC expanded its global alternative credit platform into the direct lending market when its affiliate, CIFC Corp., acquired LBC and several LBC-affiliated general partner entities on December 29, 2021, pursuant to a Contribution Agreement dated November 11, 2021 with LBC Stock Holdings, LLC and other parties named therein. Today, the Advisers collectively serve over 500 institutional investors globally with over 90 investment professionals based all across the U.S. and in Europe. Stephen Vaccaro is CIFC’s Chief Executive Officer and Chief Investment Officer. The Advisers’ employees are involved in the portfolio management and related servicing of all or most of their clients and the Advisers share or leverage off one another’s investment management functions, including Investment Research, Portfolio Management and Trading teams (see Item 13) and a joint Code of Ethics (see Item 11). The Advisers will provide each client with the applicable Brochure Supplements containing the names and experience for the principal members of the Investment Research team and Portfolio Management team. General description of advisory business The Advisers are predominantly credit managers that invest in corporate credit, structured credit, opportunistic credit and middle market direct lending assets. Depending on strategy, the Advisers generally employ an investment approach that includes a disciplined assessment of fundamental credit, appropriateness of capital structure, collateral protection, market technicals, and contractual terms. In addition, the Advisers strive to utilize internally-developed risk ratings based on individual obligor assessment without undue reliance on credit rating agencies, diversified investment portfolios by avoiding concentration imbalances, on-going active portfolio management and utilization of industry best practices and proprietary tools. As part of ongoing portfolio management and subject to the relevant investment guidelines, the Advisers continuously re-assess and adjust the investments held by each client by identifying relative value differentials, market inefficiencies and technical imbalances. The majority of clients are collateralized loan obligations (“CLOs”), securitized asset pools that invest principally in senior secured corporate loans (“SSCLs”). In addition, the Advisers manage open and closed-end funds, privately offered pooled alternative investment funds (including co- investment, feeder and parallel funds), and separately managed accounts (including funds-of- one), which invest in broadly syndicated corporate loans or direct middle market corporate loans, high-yield bonds, CLO warehouses, CLO bonds, CLO equity, and equity and debt of stressed or distressed issuers. CIM provides investment advisory services as a sub-adviser to two investment companies registered under the Investment Company Act of 1940, as amended (“Investment Companies”). CIFC has been in the advisory business since 2005; CIM since 1996; and LBC since 2012. In addition, to comply with Risk Retention Requirements1, CLO Manager, CLO Manager II and CLO Manager III (collectively, “CLO Managers”) were formed and became relying advisers of CIFC in March 2017, July 2017, and January 2024, respectively. The CLO Managers’ primary business consists of (i) acting as collateral manager of CLO transactions and related warehouse facilities; (ii) engaging in related loan origination and/or trading activities including, but not limited to, originating loans for their own account as an “originator” for the purposes of the European Retention Requirements; (iii) acting as the holder of CLO securities for the purpose of complying with (a) the European Retention Requirements (“E.U. Retention Interests”, and collectively with the U.S. Retention Interests, the “Retention Interests”); and (iv) providing first-loss equity in connection with warehouse facilities entered into by the Advisers. CLO 1The applicable European risk retention requirements include those promulgated under: (a) Part Five of EU Regulation No. 575/2013 together with any regulatory and/or implementing technical standards and guidance relating thereto as amended, replaced or supplemented from time to time (“CRR Retention Requirements”); (b) EU Directive 2011/61/EU (“AIFMD Retention Requirements”); and (c) Commission Delegated Regulation (EU) 2015/35 (“Solvency II Retention Requirements” and, together with the CRR Retention Requirements and the AIFMD Retention Requirements and other applicable European risk retention rules, the “European Retention Requirements”). The U.S. risk retention rules are those promulgated under Section 941 of the Dodd- Frank Wall Street Reform and Consumer Protection Act (the “U.S. Retention

Requirements” and together with the European Retention Requirements, the “Risk Retention Requirements”). Manager VS was formed and became a relying adviser of CIFC in August 2017; it is the collateral manager of certain CLOs that were reset, reissued, or refinanced and issued vertical strips to satisfy U.S. Retention Requirements. On February 9, 2018, the D.C. Circuit Court of Appeals made a unanimous decision to vacate “skin in the game” rules for U.S. CLO managers. As the government did not appeal this decision, CLO managers were able to issue open-market CLOs without holding retention interests as of April 5, 2018 (the “Reversal”). The reversal of the U.S. Retention Requirements had the following impact on the business:
• No impact on CLO Manager as its clients exited their reinvestment periods prior to the Reversal
• No impact on CLO Manager II, CLO Manager III or CLO Manager VS
• It is much easier for CIFC to refinance and reset existing CLO issues CIFC assumed management of Logen Asset Management Partners L.P., Logen Asset Management Offshore Fund Ltd., Logen Asset Management Intermediate Fund Ltd. and Logen Asset Management Master Fund Ltd. (the “Logen Funds”) from Logen Asset Management LP as of October 2018. As of July 31, 2019, the Logen Funds dissolved and commenced the winding up of their affairs; in connection with this dissolution and winding up, all remaining assets were transferred to a new fund managed by CIFC, the CIFC Event Driven Opportunities Fund. Principal owners CIFC and CLO Manager VS are directly wholly owned by CIFC Asset Management Holdings LLC, which is wholly owned indirectly by CIFC LLC. CIFC Europe is directly wholly owned by CIFC International Holdings I Ltd, which is wholly owned indirectly by CIFC LLC. CLO Manager and CLO Manager II are each wholly owned indirectly by CIFC Strategic Partners LP (“Strategic Partners”) and CIFC Strategic Partners II LP (“Strategic Partners II”), respectively (together, the “Risk Retention Funds”). The Risk Retention Funds hold CIFC and third-party capital. On the Effective Date, CIFC LLC was acquired by Centricus Holdings I LP (formerly known as F.A.B. Holdings I LP) (“Centricus Holdings”), which is owned by Centricus Financial Investments LP (formerly known as F.A.B. Financial Investments LP) (“Centricus Financial”) and certain CIFC employees. Centricus Financial is majority-owned by Supreme Universal Holdings Ltd., and Hamad Bin Khalifa Al-Thani is the sole member thereof. The general partner of both Centricus Holdings and Centricus Financial is Centricus Financial Investments GP Limited. Type of advisory services that are offered The Advisers invest in corporate credit (SSCLs, high yield bonds), structured credit (CLO warehouses and CLO bonds and CLO equity) and opportunistic credit (equity and loans), sourced from both primary and secondary markets, and middle market direct lending, for (i) CLOs, (ii) private investment funds and registered investment companies (collectively, “funds”); or (ii) separately managed accounts, including funds-of-one (collectively, “other accounts”). Additionally, CIFC provides sub-advisory services to other investment advisers (together with the CLOs, funds and other accounts, the “client accounts”). In addition to the core assets above, and subject to the applicable investment advisory agreements and offering documents, and subject to the relevant investment objectives, client accounts may maintain flexibility to invest in other types of publicly or privately-offered assets (both long and short), including but not limited to, preferred stocks, American Depositary Receipts, exchange traded funds (“ETFs”), unregistered or restricted securities, convertible securities, warrants, forward contracts, cash and cash equivalents, interest-rate and other swaps, futures, options and other derivatives. Unless otherwise provided in the investment advisory agreement or similar governing documents, the Advisers have discretionary trading authority over the client accounts. There can be no assurance that the client accounts’ objectives will be achieved, and investment results may vary substantially. How advisory services are tailored to clients’ needs The Advisers tailor their advisory services to the individual needs of their client accounts. Generally, at the time a client account is structured and onboarded, there is discussion between the Adviser and the client account, and those that invest in the client account, regarding the investment strategy and risk, investment restrictions and investment structure and on other aspects of the Advisers’ management of the client account’s portfolios. Amount of client assets under management (“AUM”) As of December 31, 2023: (a) CIFC, CLO Manager, CLO Manager II, CLO Manager III, CLO Manager VS and CIFC Europe together managed $38,038,508,799 of client assets on a discretionary basis; (b) CIM managed $592,185,352 of client assets on a discretionary basis; and (c) LBC managed $3,486,354,210 of client assets on a discretionary basis and $18,866,450 of client assets on a non-discretionary basis. Altogether, the Advisers and its affiliates managed $42,135,914,811 in regulatory AUM as of December 31, 2023. Other services In addition to the services described above, the Advisers provide limited administrative services for certain accounts. Services provided include, but are not limited to, tracking and reporting of purchase and sale transactions, and interest and fee payments due and received. Additionally, on a monthly (or otherwise on an agreed-upon) basis, the Advisers provide portfolio performance information and general market commentary. The Advisers do not currently engage in business activities other than investment management and other ancillary activities related thereto. The Advisers do not currently provide financial planning or similar services, or participate in wrap fee programs. Additional information about the Advisers is available at www.CIFC.com.