SCULPTOR ANNOUNCES FINAL CLOSE OF LATEST PRIVATE CREDIT FUND

Whats Happening:

Sculptor Capital Management has announced the final close of its Sculptor Tactical Credit Fund (STAX), exceeding its target with nearly $900 million in assets under management. The fund received strong support from a diverse base of institutional investors globally, including new and existing Sculptor clients.

Key Moves:

• Sculptor closes Sculptor Tactical Credit Fund with nearly $900 million AUM

• Fund focuses on providing bespoke capital solutions across credit markets

• STAX leverages Sculptor's integrated global platform and extensive sourcing network

By The Numbers:

• Sculptor Tactical Credit Fund closes with nearly $900 million AUM

• Sculptor manages $23 billion across global credit strategies

• Sculptor has approximately $34 billion in total assets under management

Key Quotes:

• "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." - Jimmy Levin, Sculptor's CIO and Executive Managing Partner

• "The interest in STAX underscores our solutions-based expertise and more than 20 years of investing experience in all forms of credit." - Jimmy Levin

Bottom Line:

Sculptor Capital Management's successful close of the Sculptor Tactical Credit Fund demonstrates strong investor interest in private credit strategies. The fund's focus on bespoke capital solutions across credit markets positions it to capitalize on current market conditions, including rising interest rates and an impending debt maturity wall.

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