CIFC’s CLO Initiative for Change Makes Third Donation; Marks Second Donation to TEAK Fellowship
For this donation, CIFC has partnered with the deal parties of its latest CLO, CIFC Funding 2024-II, including RBC Capital Markets, Appleby (Cayman) Ltd, Allen & Overy LLP, and Milbank LLP, to make a collective contribution of $225,000 to the TEAK Fellowship (“TEAK”).
- For this donation, CIFC has partnered with the deal parties of its latest CLO, CIFC Funding 2024-II, including RBC Capital Markets, Appleby (Cayman) Ltd, Allen & Overy LLP, and Milbank LLP, to make a collective contribution of $225,000 to the TEAK Fellowship (“TEAK”).
- This donation is the second $225,000 financial contribution CIFC’s CLO Initiative for Change has made to TEAK, a free, outcomes-driven academic and career access program for students located in New York City, and builds upon CIFC’s existing partnership with the organization.
- This workshop, which CIFC will host again this summer, coupled with the CLO Initiative for Change’s second financial contribution to TEAK, will allow TEAK to continue to unlock access to outstanding education and transformative experiences for students.
- Today’s donation to TEAK is the third donation made on behalf of the program and the second donation to TEAK by the program.