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Press Releases | 12/19/2024

Sculptor Closes CLO XXXIV with $408 million

Sculptor Closes CLO XXXIV with $408 million

“This closing caps an incredibly successful year for our ICS business, issuing or refinancing a total of 13 CLOs” said Jimmy Levin, Sculptor’s CIO and Executive Managing Partner

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NEW YORK - December 19, 2024 - Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”) today announced the closing of Sculptor CLO XXXIV (SCLO 34), a $408 million collateralized loan obligation (CLO) transaction. With the closing of SCLO 34, Sculptor currently manages a global suite of 34 CLOs and CBOs totaling approximately $13 billion across both the US and Europe.

A controlling equity stake in SCLO 34 was pre-placed to Sculptor Loan Financing Partners, the Firm’s captive CLO equity platform launched earlier this year. SCLO 34 also received strong third-party investor demand from a diverse group of leading global institutions across its minority equity and rated notes.

Jimmy Levin, Chief Investment Officer and Executive Managing Partner at Sculptor, said, “We are pleased with the growth of our Institutional Credit Strategies (ICS) offerings in 2024 and thankful for the support we received from investors across our suite of CLOs. This closing caps an incredibly successful year for our ICS business, issuing or refinancing a total of 13 CLOs.”

Sculptor SCLO 34 is backed by a fully ramped portfolio of primarily senior secured loans and features a two-year non-call period and five-year reinvestment period. SCLO 34 was arranged by JP Morgan.

Sculptor has a long track record of managing CLOs through multiple credit cycles and has now issued 44 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 credit investing platform. 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

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
Sculptor Capital
media@sculptor.com

Jonathan Gasthalter
Gasthalter & Co
212-257-4170
sculptor@gasthatler.com

Important Information and Disclosures

THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT OR OTHER PROFESSIONAL ADVICE. This video has been prepared by Sculptor Capital Management, Inc. (together with its affiliates, “Sculptor Capital LP”), and the information contained herein is not intended to be taken by, and should not be taken by, any individual recipient as investment, legal, accounting, tax or other professional advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security; no fiduciary, advisory or client relationship is created through this video. For information about Sculptor Capital’s business, including risks and financial information, please refer to our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.

NEITHER THIS VIDEO NOR ANY OF THE INFORMATION HEREIN CONSTITUTES OR FORMS PART OF AN OFFER OF OR SOLICITATION FOR ANY SCULPTOR CAPITAL FUND. Offers or solicitations for an investment in an investment fund managed or sponsored by Sculptor Capital (a “Fund”) only occur through a confidential private placement memorandum and related purchase documentation to qualified investors on a confidential basis, and subject to the terms and conditions contained in such documents and in such Fund’s operative agreements. Those who access this video or any information contained herein do so at their own initiative and are responsible for compliance with local laws or regulations.

THIS VIDEO IS NOT A RECOMMENDATION FOR ANY SECURITY OR PORTFOLIO COMPANY. References to any portfolio companies and asset classes are intended to illustrate the application of Sculptor Capital’s investment process only and should not be used as the basis for making any decision about purchasing, holding or selling any securities. Nothing herein should be interpreted or used in any manner as investment advice. A complete list of all Sculptor Capital investments related to the investment strategies discussed herein will be made available upon request.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Any past performance of Sculptor Capital or any Fund or portfolio company discussed in this video is not necessarily indicative of the performance of any other Fund, portfolio company or of Sculptor Capital as a whole, and you should not assume that investments in the future will be profitable or will equal the performance of past investments. Moreover, wherever there is the potential for profit there is also the possibility of loss and investors may louse all or a substantial portion of their investment.

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Any views or opinions expressed herein reflect the views and opinions of the participants as of the date it was recorded and such views and opinions are subject to change without notice. Such statements cannot be independently verified. Sculptor Capital has no obligation to update the information contained herein.

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