Sculptor Capital Management Review and Analysis

Sculptor Capital Management is a global investment manager that offers a range of hedge fund and private equity strategies.

The firm was founded in 2002 by Robert Kaplan and Joseph Healey, and it has since grown to become a significant player in the global investment management industry.

Sculptor Capital Management has a diverse range of investment strategies, including long/short equity, event-driven, and credit strategies.

The firm's investment approach is focused on identifying and capitalizing on opportunities in the global markets, with a strong emphasis on risk management and portfolio diversification.

Sculptor Capital Management is a global investment firm that was founded in 2015 by Joseph A. Meyer.

The firm is headquartered in New York City and has a significant presence in London, with a team of experienced investment professionals.

Sculptor Capital Management offers a range of investment products and services, including hedge funds, private equity, and real estate investments.

The firm's investment philosophy is centered around a long-term approach, with a focus on generating consistent returns for its investors.

Sculptor Capital Management has a strong track record of performance, with many of its funds outperforming their benchmarks over the years.

The firm's assets under management have grown significantly since its inception, reaching over $10 billion in 2022.

Sculptor Capital Management has a diverse range of funds, with at least 6 closed funds listed in the article.

The firm's investment philosophy emphasizes a multi-asset approach, investing across various classes and leveraging investments from around the world.

One of the notable funds is the Sculptor Real Estate Fund IV, which closed in June 2020, but the exact fund size is not specified.

The firm's strategies include fundamental equities, merger arbitrage, and corporate credit, among others, which are outlined in their investment philosophy.

Sculptor Capital Management's investment strategies also cover real estate, private investments, and aviation.

Here is a list of some of the firm's strategies:

Sculptor Diversified Real Estate Income Trust raised $250m for its new non-traded REIT. This significant funding was launched in 2023.

In a challenging year for private REITs, Sculptor managed to successfully raise this substantial amount.

Sculptor Capital Management charges a management fee, which varies depending on the capital commitment.

For assets up to $50 million, the management fee is 1.50%.

If your assets are between $50 million and $100 million, the management fee drops to 1.25%.

Assets between $100 million and $200 million are charged a 1.00% management fee.

For assets of $200 million or more, the management fee is 0.75%.

Sculptor Capital Management has a history of managing various funds, with a total of 6 closed funds listed.

Their fund sizes and close dates vary, with some funds still having unknown sizes.

One notable fund is the Sculptor Real Estate Fund IV, which closed in June 2020.

Another fund, with an unknown name, closed in May 2017.

A third fund also has an unknown name and closed in September 2014.

Here's a brief overview of the funds managed by Sculptor Capital Management:

Domestic Partners II is a notable fund with a significant amount, boasting an AUM of $3,586,526,570.

The minimum investment required for this fund is substantial, set at $10 million.

The Sculptor Overseas Fund II is a significant investment vehicle with an impressive net worth of $2,965,684,427.

Its minimum investment requirement is a substantial $10 million.

This fund is managed by a group of 306 beneficial owners.

Sculptor Capital Management's investment strategy is built around a long-term approach, focusing on fundamental research and a bottom-up stock selection process. They aim to identify undervalued companies with strong growth potential.

Their team of experienced investment professionals, led by Joseph A. DiDomizio, conducts thorough research to select high-quality stocks. This process involves analyzing a company's financials, management team, and industry trends.

Sculptor Capital Management's investment philosophy emphasizes a patient and disciplined approach, allowing their investments to compound over time.

At Sculptor Capital Management, the investment philosophy is centered around diversification. The firm invests across various asset classes, including equities, credit, and real estate.

To achieve this diversification, Sculptor employs a range of strategies, such as fundamental equities, merger arbitrage, and corporate credit. These strategies allow the firm to tap into different markets and asset classes.

One of the key strategies used by Sculptor is fundamental equities, which involves investing in stocks based on their underlying value. This approach requires a deep understanding of the company's financials and industry trends.

Here are some of the key strategies used by Sculptor:

These strategies are used in conjunction with investments from around the world, allowing Sculptor to benefit from global market trends and opportunities.

When investing, it's essential to be aware of the risks involved. Hedge funds are complicated investments not subject to stringent regulations, so you must be an accredited investor to invest in any hedge fund.

Bribery incidents have been reported in the past, with Sculptor (formerly Och-Ziff Capital Management) paying over $100 million in bribes to officials in several African nations between 2007 and 2011.

The consequences of such incidents can be severe, with the firm's founder, billionaire Daniel Och, being fined $2.2 million and the company being fined more than $400 million.

These incidents highlight the importance of due diligence when investing in hedge funds, and the need to thoroughly research a company's history and track record before making a decision.

Analysts have been actively following Sculptor Capital Management, with several firms issuing recommendations and price target adjustments.

Credit Suisse has been particularly active, lifting Sculptor Capital Management's price target to $13 from $12.50 while keeping an Outperform rating.

Credit Suisse has also upgraded Sculptor Capital Management to Outperform from Neutral, adjusting the price target to $12.50 from $8.50.

In other instances, Credit Suisse has adjusted the price target to $8.50 from $9 and kept a Neutral rating.

Citigroup has also chimed in, adjusting Sculptor Capital Management's price target to $33.50 from $37.50 while keeping a Buy rating.

Here's a summary of the analysts' views and recommendations:

Sculptor Capital Management has made several announcements and releases in recent times. The company's 2023 Q3 Earnings Release was published on November 7, 2023.

Leading proxy advisory firms ISS and Glass Lewis have recommended that Sculptor Capital stockholders vote "For" the merger with Rithm Capital Corp. Their recommendation was made public on November 3, 2023.

The Founding Partners of Sculptor Capital have entered into an agreement with Rithm Capital to support the increased offer to benefit all Sculptor shareholders. This agreement was announced on October 27, 2023.

Several shareholder investigations and actions have been initiated or encouraged by various parties. For example, Halper Sadeh LLC is investigating JVA, SMMF, and SCU, while Juan Monteverde is encouraging shareholders of FNCB, SCU, PCTI, and SP to take action.

Press Releases are a type of statement that companies issue to the public to share news and information about their business. They're often used to announce new products, services, or partnerships.

A Press Release typically includes a headline, summary, and detailed information about the announcement. This helps journalists and the public quickly understand the news.

Companies can use Press Releases to build brand awareness, establish credibility, and generate buzz around their business. By issuing a Press Release, businesses can reach a wider audience and stay top-of-mind with their target market.

The goal of a Press Release is to grab the attention of media outlets, who will then share the news with their audience. This can lead to increased visibility, credibility, and ultimately, sales.

Press Releases can be distributed through various channels, including email, social media, and wire services like PR Newswire.

On November 3rd, leading proxy advisory firms ISS and Glass Lewis recommended that Sculptor Capital stockholders vote "For" the merger with Rithm Capital Corp. This endorsement suggests that the merger has significant support from influential voices in the industry.

Sculptor Capital's founding partners have entered into an agreement with Rithm Capital to support an increased offer that benefits all Sculptor shareholders. This agreement was announced on October 27th, marking a significant development in the merger process.

The merger with Rithm Capital Corp. has been a topic of discussion in the press, with various statements and releases shedding light on the situation. On November 7th, a press release was issued announcing Sculptor Capital Management's 2023 Q3 earnings release, but it did not directly address the merger.

Here is a summary of the key dates related to the merger:

Sculptor Capital Management was established in 1994 by Daniel Och as Och-Ziff Capital Management.

The company started as a hedge fund manager and grew into one of the largest alternative investment firms in the world.

Sculptor invests across credit, real estate, and multi-strategy platforms in all major geographies, including offices in New York, London, Hong Kong, and Shanghai.

As of September 2024, Sculptor Capital Management has over $34 billion in assets under management.

Sculptor's capabilities include fundamental equities, corporate credit, real estate debt and equity, merger arbitrage, structured credit, and private investments.

Sculptor Capital Management was founded in 1995 by Daniel Och.

The firm has undergone several name changes since its inception, including being known as Och-Ziff Capital Management Group and Oz Capital, before settling on its current name in 2019.

A bribery scandal led to some of these name changes, indicating a complex and challenging history for the company.

Sculptor Capital Management is indirectly owned by Sculptor Capital Management, Inc., a publicly traded company listed on the New York Stock Exchange.

The firm exclusively works with hedge funds, not high-net-worth individuals or other institutional investors.