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Press Releases | 11/14/2024

Sculptor Resets and Upsizes €450 million European CLO VII

Sculptor Resets and Upsizes €450 million European CLO VII

LONDON – November 14, 2024 - Sculptor Capital Management, Inc. (“Sculptor”) today announced the reset and upsize of Sculptor European CLO VII (SCULE 7), a €450 million European collateralized loan obligation (CLO). This transaction further expands Sculptor’s Institutional Credit Strategies business, which is comprised of a global suite of 33 CLOs and CBOs totaling approximately $13 billion across the US and Europe.

SCULE 7 generated strong investor demand from a diverse group of leading global institutions across debt and equity tranches. As a result, SCULE 7 was upsized to €450 million from its original €300 million closing in 2020.

SCULE 7 was arranged by BNP Paribas and features a 2-year non-call period and 5-year reinvestment period.

Sculptor has a long track record of managing CLOs through multiple credit cycles and has issued 43 CLOs and 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 September 30, 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 Capital Management

Sculptor is a leading global alternative asset manager and a specialist in opportunistic investing. For over 30 years, we have 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. Our 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, we invest across credit, real estate and multi-strategy platforms in all major geographies. As of September 30, 2024, Sculptor had approximately $34 billion in assets under management. For more information, please visit our website (www.sculptor.com).

 

Sculptor- Media Relations
Jonathan Gasthalter
Gasthalter & Co. LP
212-257-4170
sculptor@gasthalter.com