Sculptor Capital Management Closes $408 Million CLO XXXV Amid Strong Market Demand

Sculptor Capital Management Closes $408 Million CLO XXXV

Sculptor Capital Management, Inc., a prominent player in the arena of alternative asset management, recently announced the closure of its 35th collateral loan obligation (CLO), designated as Sculptor CLO XXXV, amounting to a remarkable $408 million. This closure signifies a crucial advancement in Sculptor's strategic operations, reinforcing its strong foothold in the market of opportunistic investing.

As of the transaction's completion, Sculptor now administers a comprehensive suite comprising 34 CLOs and collateralized bond obligations (CBOs), amassing approximately $13 billion in total assets managed across both North America and Europe.

Details of the CLO XXXV Structure

Sculptor CLO XXXV is predominantly anchored by a diversified pool of senior secured loans, nearly entirely funded with a portfolio valued at $400 million at the time of closure. In terms of structural features, it incorporates a five-year reinvestment period and a two-year non-call period, providing flexibility for investment strategies in the evolving credit landscape. This CLO has been orchestrated in partnership with BNP Paribas, reflecting the firm’s commitment to tapping into robust investor demand that spans various debt and equity tranches.

Josh Eisenberger, Executive Managing Director at Sculptor and Head of U.S. CLO Management, articulated the firm's historical aptitude in overseeing CLOs across multiple credit cycles. He emphasized that the closure of CLO XXXV, particularly amid challenging market circumstances, is a testament to their resilient credit platform backed by strong investor support and the extensive expertise of Sculptor’s Institutional Credit Strategies (ICS) business.

Sculptor’s Overall Performance

Since its inception in 2012, Sculptor has successfully launched a total of 46 CLOs and CBOs throughout both U.S. and European markets. As of March 1, 2025, the firm reported managing $23 billion in credit assets encompassing diverse strategies, thereby solidifying its reputation as a leading global alternative asset manager.

Founded over 30 years ago, Sculptor aims for consistent outperformance by orchestrating a model and fostering a culture that adeptly balances swift market response and meticulous due diligence designed to mitigate risks. The firm prides itself on a predominantly internal team, cultivated through years of experience, dedicated to prioritizing client outcomes above all else.

With international offices located in New York, London, Hong Kong, and Shanghai, Sculptor has adopted an investment strategy spanning credit, real estate, and multi-strategy platforms, effectively covering principal geographies in the asset management domain. As of late March 2025, the firm reported approximately $35 billion in assets under management, underscoring its significant influence in the financial services landscape.

For more insights into Sculptor and its innovative investment strategies, one can explore their comprehensive website at www.sculptor.com. This recent closing not only exemplifies the firm’s adaptive strategy within complex credit markets but also its ongoing commitment to delivering robust financial performance to its stakeholders.