SOURCE: Resource America, Inc.

Resource America, Inc.

May 17, 2012 11:00 ET

Resource America's CVC Credit Partners Named Best CLO Manager

PHILADELPHIA, PA--(Marketwire - May 17, 2012) - Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that CVC Credit Partners, a global credit management company that it owns with CVC Capital Partners, won the global award for 'Best CLO Manager' at the 2012 Creditflux CLO Manager Awards.

Jonathan Cohen, President and CEO of Resource America, commented, "We are extremely pleased to have been recognized by Creditflux. Winning the global award for 'Best CLO Manager' is a great honor that has been duly earned by our European and US teams."

Gretchen Bergstresser, Senior Portfolio Manager, said, "We are delighted to be recognized for providing top tier returns for our investors across our 20 CLO's and appreciate the continued support from investors, sponsors, corporations and financial institutions."

Creditflux is the leading information source globally for credit trading and investing, credit derivatives, structured credit and distressed credit. The Creditflux awards are strictly performance data based, measuring through their Par Plus analysis the value managers have added for both debt and equity investors through their initial portfolio selection and trading decisions taken during the life of the transaction.

Tom Davidson, Head of Creditflux Data Products commented, "The Creditflux 'Best CLO Manager' award is based on our fully quantitative methodology for individual CLOs. To do well a CLO must offer excellent equity returns while safeguarding debt investors. For the overall 'Best CLO Manager' category we looked at all the managers deals, with a particular emphasis on managers who performed well in both their US and European CLOs."

About CVC Credit Partners
CVC Credit Partners is an independent asset management and investment group focused on sub-investment grade debt capital markets in the US and Europe. CVC Credit Partners is owned by CVC Capital Partners and Resource America, Inc.

CVC Credit Partners manages $7.7 billion in assets across 23 vehicles with top quartile performance across credit cycles achieving US finalist for 'Best 2005, 2006 and 2007 U.S. CLO' categories and European winner of 'Best boutique European CLO manager' and 'Best 2007 European CLO' in the 2011 Creditflux CLO Manager Awards. CVC Credit Partners provides tailored, flexible and value-added solutions for investors seeking to invest in sub-investment grade credit instruments. For more information about the firm, please visit:

About Resource America, Inc.
Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance and financial fund management sectors. For more information please visit our website at or contact

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