Sculptor Capital Management Secures €410.1 Million in CLO Deal

Sculptor Capital Management Closes European CLO XII

Sculptor Capital Management, Inc. has successfully closed its latest European collateralized loan obligation (CLO), known as Sculptor European CLO XII (SCULE 12), totaling an impressive €410.1 million. This closing marks a significant milestone for Sculptor as it continues to expand its portfolio, which now includes a total of 34 CLOs and CBOs, reaching approximately $13 billion in managed assets globally.

Details on SCULE 12 and Investor Interest

The closing of SCULE 12 represents the firm's second CLO transaction and its first new issuance for the year. Adeel Shafiqullah, the Head of European CLO Management at Sculptor, expressed confidence in the transaction’s success, noting the strong demand from a varied group of prominent global institutions. This robust interest highlighted not only the appeal of SCULE 12's equity and debt tranches but also the firm’s reputation in the market.

Strategic Features of SCULE 12

SCULE 12 is characterized by a structured financial arrangement including a two-year non-call period along with a five-year reinvestment period, which provides stability and potential growth for investors. These features are designed to optimize the performance of the asset-backed loans that the CLO encompasses.

A Proven Track Record in CLO Management

Sculptor Capital has a well-established history in managing CLOs through various credit cycles. Since 2012, the firm has issued a total of 45 CLOs and CBOs, significantly bolstering its expertise and credibility in the sector. As of late September 2024, Sculptor manages around $24 billion in credit assets, leveraging its extensive experience across multiple asset classes and its integrated global credit investing platform.

About Sculptor Capital Management

With over three decades in the game, Sculptor is recognized as a leading global alternative asset manager with a sharp focus on opportunistic investing. The firm prides itself on its ability to blend swift action on market opportunities with a diligent approach to minimize risks. Its operating model, driven by a dedicated global team, prioritizes client needs while adapting to the evolving market landscape.

Sculptor operates globally, with offices based in key financial hubs including New York, London, Hong Kong, and Shanghai. This worldwide presence allows the firm to invest across various strategies in credit, real estate, and multi-strategy platforms, enhancing its asset management capabilities. As reported, Sculptor currently manages approximately $34 billion in assets.

Contacts for More Information

For further details about Sculptor Capital Management, prospective investors can reach out directly to the firm’s contact points. The team is available to provide insights and answer any queries regarding investment opportunities and strategic objectives.

Frequently Asked Questions

What is Sculptor European CLO XII?

Sculptor European CLO XII is a structured investment vehicle that has raised €410.1 million, focusing on investing in asset-backed loans.

How does SCULE 12 benefit investors?

Investors in SCULE 12 benefit from a structured financial arrangement and strong demand from global institutions, providing a diversified investment opportunity.

What experience does Sculptor have in managing CLOs?

Sculptor has successfully managed 45 CLOs and CBOs since 2012, showcasing its extensive knowledge and adaptability in various credit cycles.

Where is Sculptor Capital Management headquartered?

Sculptor Capital Management is headquartered in New York and has offices in several key international financial centers.

How much does Sculptor currently manage in assets?

As of September 2024, Sculptor manages approximately $34 billion in assets, encompassing a diverse range of investment strategies.

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