Press Releases | 04/17/2025
"The interest in STAX underscores our solutions-based expertise and more than 20 years of investing experience in all forms of credit," said Jimmy Levin, Sculptor's CIO and Executive Managing Partner
NEW YORK, April 17, 2025 /PRNewswire/ -- Sculptor Capital Management, Inc. ("Sculptor" or the "Firm"), a leading global alternative asset manager specializing in opportunistic investing, announced today the final close of the Sculptor Tactical Credit Fund ("STAX" or "the Fund"), exceeding its target. As of the final closing STAX has nearly $900 million in assets under management and received strong support from a diverse base of institutional investors globally, including new and existing Sculptor clients.
STAX is an all-weather private credit fund focused on providing bespoke capital solutions across corporate, asset based, and real estate credit markets. The Fund builds on Sculptor's long-term success in managing opportunistic private credit funds that have generated strong performance across diverse market environments. Sculptor is an active and long-term leader in global credit markets with $23 billion under management across our global credit strategies. The Fund leverages Sculptor's integrated global platform and extensive sourcing network to identify opportunities to provide financing to issuers across credit markets.
Jimmy Levin, Sculptor's CIO and Executive Managing Partner, said, "The rise in interest rates and complexity premia alongside a large impending debt maturity wall has created one of the most compelling environments to address liquidity needs in structuring bespoke capital solutions across credit markets. The interest in STAX underscores our solutions-based expertise and more than 20 years of investing experience in all forms of 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. The success of 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 December 31, 2024, Sculptor had approximately $34 billion in assets under management. For more information, please visit our website (www.sculptor.com).
Contacts:
Sculptor
media@sculptor.com
Media Relations
Jonathan Gasthalter
Gasthalter & Co.
212-257-4170
sculptor@gasthalter.com
External Link: https://www.prnewswire.com/news-releases/sculptor-announces-final-close-of-latest-private-credit-fund-302430936.html