CIFC Direct Lending Evergreen Fund Replaces Auditor, Hires KPMG

What Happened

• CIFC Direct Lending Evergreen Fund filed an 8-K on August 17, 2026 disclosing that its Board, following the Audit Committee’s recommendation, approved the dismissal of Deloitte & Touche LLP as the Fund’s independent registered public accounting firm (action approved August 13, 2026 and effective August 14, 2026).
• The filing states Deloitte’s audit report for the Fund’s consolidated financial statements for the period from February 4, 2025 (commencement of operations) to December 31, 2025 was unqualified and contained no modifications. The Fund provided Deloitte a copy of these disclosures; Deloitte’s letter dated August 17, 2026 is filed as Exhibit 16.1.
• The Board engaged KPMG LLP to serve as the Fund’s new independent registered public accounting firm effective immediately upon Deloitte’s dismissal.

Key Details

• Date of board action: approved August 13, 2026; effective dismissal date: August 14, 2026.
• Audit period referenced: February 4, 2025 (commencement of operations) through December 31, 2025.
• Deloitte’s report: not adverse, not a disclaimer, and not qualified or modified for uncertainty, scope, or accounting principles.
• No disagreements or “reportable events” with Deloitte during the covered period; the Fund and representatives did not consult KPMG on accounting/auditing matters during that same period.

Why It Matters

• An auditor change is material because auditors provide independent assurance on a fund’s financial statements; investors should note the replacement of Deloitte with KPMG.
• The filing clarifies there were no audit disagreements and Deloitte’s prior report was unmodified, which reduces immediate red flags about past financial reporting.
• Investors should monitor future filings (including the next audit report and periodic reports) for any changes in audit opinions, disclosures about the transition, or material findings from KPMG.