Sculptor Capital Management Successfully Closes CLO XXXV
Sculptor Capital Management, Inc. ("Sculptor" or the "Firm") is making waves in the financial sector by announcing the successful closure of Sculptor CLO XXXV, also known as CLO 35, with a remarkable $408 million collateral loan obligation (CLO) transaction. This accomplishment showcases Sculptor’s strong position as a global alternative asset manager focused on innovative and opportunistic investing strategies.
Details of CLO XXXV
The newly launched CLO 35 is underpinned by a nearly fully ramped portfolio amounting to approximately $400 million, primarily consisting of senior secured loans. This ensures a solid foundation for the CLO, which features a five-year reinvestment period as well as a two-year non-call period, allowing for strategic financial maneuvering. This attempt capitalizes on the growing appetite from investors, characterized by strong demand across both debt and equity tranches, notably from a diverse cadre of reputable global institutions.
Expert Insight on Market Conditions
Josh Eisenberger, the Executive Managing Director and Sculptor's Head of U.S. CLO Management, commented on the firm’s adeptness in navigating varying market conditions. He highlighted Sculptor's established reputation for effectively managing CLOs through multiple credit cycles. Despite prevailing challenging market conditions, the execution of CLO 35 underscores not only the resilience of Sculptor’s credit platform but also the positive momentum and robust performance trends observed in the preceding 18 months.
Growth and Expansion
Following the successful closing of CLO 35, Sculptor has now issued a total of 46 CLOs and CBOs since 2012. This impressive trajectory reflects the firm’s ongoing dedication to innovative asset management practices, as they currently manage around $23 billion in credit-related assets globally. Sculptor's diverse array of strategies leans into its core competencies in corporate, asset-based, and real estate credit, allowing for robust performance across different market conditions.
About Sculptor Capital Management
Sculptor Capital Management is recognized as a leader in the global alternative asset management space, specializing in opportunistic investing. For over three decades, the firm has prided itself on delivering consistent outperformance by cultivating a distinct operating model and company culture. This culture emphasizes agility in seizing market opportunities while rigorously managing risk.
The firm’s success is attributable to a highly experienced global team, primarily composed of long-tenured professionals who are inherently committed to prioritizing client outcomes. With offices strategically located in major global financial hubs, Sculptor has the capacity to invest across a wide range of platforms in credit, real estate, and multi-strategy, addressing the needs of its diverse client base.
As of the end of March 2025, Sculptor boasts approximately $35 billion in assets under management, marking a substantial achievement in the competitive landscape of asset management.
Frequently Asked Questions
What is CLO XXXV?
CLO XXXV is a $408 million collateral loan obligation transaction managed by Sculptor Capital Management.
How does Sculptor Capital Management perform in the market?
Sculptor is known for its resilience and consistent performance in various market conditions, having successfully managed multiple CLOs.
What is the structure of CLO XXXV?
CLO XXXV features a five-year reinvestment period and a two-year non-call period, with a portfolio primarily backed by senior secured loans.
Where does Sculptor operate?
Sculptor has offices in major global cities including New York, London, Hong Kong, and Shanghai.
How much capital does Sculptor manage?
As of March 2025, Sculptor manages approximately $35 billion in assets across various investment strategies.
