Permal Group

CIFC Strengthens Legal and Compliance Team With Senior Talent

Retrieved on: 
Thursday, August 18, 2022

CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that it has strengthened its legal and compliance team with two senior appointments.

Key Points: 
  • CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that it has strengthened its legal and compliance team with two senior appointments.
  • Lily Wicker, former Chief Compliance Officer and Associate General Counsel at Sound Point Capital Management, LP, has joined CIFC as Managing Director, Chief Compliance Officer and Associate General Counsel.
  • Earlier in her career, she held senior compliance roles at Permal Group and Brookfield Investment Management.
  • CIFC currently manages approximately $40 billion in assets and employs more than 185 professionals in the U.S. and Europe.

Western Asset High Income Fund II Inc. Announces Financial Position as of January 31, 2021

Retrieved on: 
Tuesday, March 23, 2021

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points: 
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
  • Western Asset High Income Fund II Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Western Asset Municipal High Income Fund Inc. Announces Financial Position as of January 31, 2021

Retrieved on: 
Tuesday, March 23, 2021

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points: 
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
  • Western Asset Municipal High Income Fund Inc., a diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announces Distribution for December 2020

Retrieved on: 
Wednesday, December 16, 2020

Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.

Key Points: 
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly-owned subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.lmcef.com .

EnTrust Global Announces Completion of $2.1 Billion Fundraise for Blue Ocean Funds

Retrieved on: 
Wednesday, December 9, 2020

EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed a fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.

Key Points: 
  • EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed a fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.
  • The Blue Ocean Funds are part of EnTrust Globals private debt and real asset division.
  • To have raised $2.1 billion in a vertical as specific as the maritime industry speaks to our teams expertise and demonstrated success since the inception of the Blue Ocean Funds, said Gregg S. Hymowitz, Chairman and CEO of EnTrust Global.
  • EnTrust Global is a leading alternative asset management firm with $18.2 billion in total assets as of June 30, 2020.

Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of September 30, 2020

Retrieved on: 
Wednesday, November 25, 2020

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • Western Asset Emerging Markets Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (LMPFA), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, LLC (Western Asset), an affiliate of the investment manager.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Western Asset Municipal Partners Fund Inc. Announces Financial Position as of August 31, 2020

Retrieved on: 
Monday, October 26, 2020

On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.

Key Points: 
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
  • Western Asset Municipal Partners Fund Inc., a diversified closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, an affiliate of the adviser.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2020

Retrieved on: 
Tuesday, September 29, 2020

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • Western Asset Global Corporate Defined Opportunity Fund Inc. is a non-diversified, limited-term, closed-end management investment company that is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

BrandywineGLOBAL - Global Income Opportunities Fund Inc. Announces Financial Position as of July 31, 2020

Retrieved on: 
Tuesday, September 29, 2020

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • BrandywineGLOBAL - Global Income Opportunities Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Brandywine Global Investment Management, LLC, an affiliate of the investment manager.
  • Franklin Resources and its affiliates do not engage in selling shares of the Fund.

Western Asset Middle Market Debt Fund Inc. (“XWAMX”) and Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announce Distributions for September 2020

Retrieved on: 
Wednesday, September 16, 2020

On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.

Key Points: 
  • On July 31, 2020, Franklin Resources, Inc. (Franklin Resources) acquired Legg Mason, Inc. (Legg Mason) in an all-cash transaction.
  • As a result of the transaction, Legg Mason Partners Fund Advisor, LLC, previously a wholly owned-subsidiary of Legg Mason, became a wholly-owned subsidiary of Franklin Resources.
  • Western Asset Middle Market Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, and is sub-advised by Western Asset Management Company, an affiliate of the investment manager.