SCULPTOR CLOSES CLO XXXV WITH $408 MILLION
- Editor
- May 9
- 1 min read
Whats Happening:
Sculptor Capital Management has successfully closed Sculptor CLO XXXV, a $408 million collateralized loan obligation transaction. This latest CLO brings Sculptor's total managed CLOs and CBOs to 34, with a combined value of approximately $13 billion across both the US and Europe. The transaction demonstrates Sculptor's continued growth in the structured credit market despite challenging market conditions.
Key Moves:
Sculptor closes $408 million CLO XXXV transaction
Sculptor now manages 34 CLOs and CBOs totaling $13 billion
CLO 35 is backed by a $400 million portfolio of primarily senior secured loans
By The Numbers:
Sculptor CLO XXXV: $408 million
Total CLOs and CBOs managed: 34
Total CLO and CBO assets under management: $13 billion
Key Quotes:
"Sculptor has a long track record of managing CLOs through multiple credit cycles and this is due to our investor support and the extensive experience of our Institutional Credit Strategies (ICS) business." - Josh Eisenberger, Executive Managing Director
"The execution of CLO 35 - despite challenging market conditions - demonstrates not only the resilience of our credit platform but also the strong momentum and performance we've seen over the last 18 months." - Josh Eisenberger
Bottom Line:
Sculptor Capital Management's successful closing of CLO XXXV demonstrates the fund's continued strength in the structured credit market. Despite challenging conditions, Sculptor has expanded its CLO and CBO portfolio to $13 billion, showcasing the resilience of its credit platform and its ability to attract investor support across both debt and equity tranches.
Comments