Sculptor Launches Captive CLO Equity Platform with Anchor Commitment from Rithm Capital - Seite 2

Josh Eisenberger, Head of US CLO Management at Sculptor, said, “We are pleased to have closed Sculptor CLO 32 along with three refinancing transactions so far in 2024. The support from both new and existing investors as well as the competitive pricing achieved is a testament to our longstanding investment approach and expertise in CLO management. We believe market conditions are supportive of continued positive momentum for our CLO business and we are excited about the continued growth of Institutional Credit Strategies.”

Sculptor has a long track record of managing CLOs through multiple credit cycles, and with the closing of CLO 32, has issued 42 CLOs & CBOs across the US and Europe since 2012. Sculptor’s CLO business benefits from its extensive experience and track record across asset classes, and embedded partnership with its global opportunistic credit businesses. Collectively, as of March 31, 2024, Sculptor manages $24 billion in credit assets globally across a broad range of strategies leveraging its core capabilities in corporate, asset based, and real estate credit.

About Sculptor

Sculptor is a leading global alternative asset manager and a specialist in opportunistic investing. For over 25 years Sculptor has pursued consistent outperformance by building an operating model and culture which balance the ability to act swiftly on market opportunity with rigorous diligence that minimizes risk. Sculptor’s model is driven by a global team that is predominantly home-grown, long tenured and incentivized to put client outcomes first. With offices in New York, London, Hong Kong, and Shanghai, the Firm invests across credit, real estate, and multi-strategy platforms in all major geographies. As of March 31, 2024, Sculptor had over $32 billion in assets under management. For more information, please visit our website (www.sculptor.com).

About Rithm Capital

Rithm Capital (NYSE: RITM) is a global asset manager focused on real estate, credit and financial services. Rithm makes direct investments and operates several wholly-owned operating businesses. Rithm’s businesses include Sculptor Capital Management, Inc., an alternative asset manager, as well as Newrez LLC, and Genesis Capital LLC, leading mortgage origination and servicing platforms. Rithm seeks to generate attractive risk-adjusted returns across market cycles and interest rate environments. Since inception in 2013, Rithm has delivered approximately $5 billion in dividends to shareholders. Rithm is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes and is headquartered in New York City.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418699670/en/

The Rithm Capital Stock at the time of publication of the news with a fall of -1,32 % to 9,734EUR on Tradegate stock exchange (18. April 2024, 09:30 Uhr).