STOCK TITAN

Sculptor Capital Management, Inc. - SCU STOCK NEWS

Welcome to our dedicated page for Sculptor Capital Management news (Ticker: SCU), a resource for investors and traders seeking the latest updates and insights on Sculptor Capital Management stock.

Sculptor Capital Management, Inc. (symbol: SCU) is a publicly owned hedge fund sponsor renowned for providing comprehensive investment advisory services. The firm primarily serves institutional investors, including pension funds, fund-of-funds, foundations, endowments, corporations, private banks, and family offices. Besides managing separate client-focused equity, fixed income, and real estate accounts, Sculptor also handles commingled funds and specialized products.

The firm diversifies its investments across the global equity, fixed income, and real estate markets. Sculptor employs both quantitative and qualitative analysis, relying on fundamental bottom-up research, a high degree of flexibility, and integrated risk management to guide its investment decisions. The firm’s multi-strategy portfolios encompass various strategies such as convertible and derivative arbitrage, corporate credit, long/short equity special situations, buyout investments, merger arbitrage, private investments, and structured credit.

Recent achievements include significant developments spearheaded by major shareholders like Rob Shafir, who owns a 6.2% equity stake and has been vocal about the company’s future. Shafir recently released a letter urging the board to consider superior alternative bids, highlighting the company's potential for value creation. This move underscores the ongoing strategic deliberations within the board, particularly concerning a proposed sale to Rithm Capital Corp., which Shafir opposes in favor of other competitive bids.

Stay tuned for the latest developments and strategic moves as Sculptor Capital Management continues to navigate its path forward, aiming to maximize value for its shareholders and clients.

Rhea-AI Summary
Sculptor Capital Management Founding Partners announce agreement to support Rithm Capital Corp.'s increased offer to acquire Sculptor for $12.70 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
none
-
Rhea-AI Summary
Rithm Capital Corp. and Sculptor Capital Management Inc. have amended their merger agreement, with Rithm acquiring Sculptor for $12.70 per share, representing a 13.9% increase over the original bid. The transaction has a value of approximately $719.8 million and offers a premium of 49.4% over the unaffected share price. Daniel S. Och and other former EMDs have agreed to vote their shares in favor of the transaction and dismiss their pending litigation. The transaction is expected to close shortly after the Sculptor stockholders' meeting on November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
-
Rhea-AI Summary
Sculptor Capital Management's Special Committee responds to complaint filed by Daniel Och
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
none
Rhea-AI Summary
Founding Partners of Sculptor Capital Management file complaint against the Company, seeking to stop the breach of fiduciary duties in proposed merger transaction with Rithm Capital Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
-
Rhea-AI Summary
Wildcat Capital Management's car wash platform, including Club Car Wash and Express Wash Concepts, has secured a significant growth investment from Sculptor Real Estate, the real estate business of Sculptor Capital Management. The investment will be used to accelerate development initiatives for the car wash platform, which currently operates in over 225 locations across the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
-
Rhea-AI Summary
Rithm and Sculptor amend merger agreement, increasing price per share by 7.62% to $12.00
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
Rhea-AI Summary
Rob Shafir, a 6.2% equity stakeholder in Sculptor Capital Management, opposes the sale to Rithm Capital and believes $12.76 with committed financing from Bidder J is superior to $11.15.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
-
Rhea-AI Summary
Sculptor Capital Management rejects $12.76 per share offer from Bidder J consortium and supports $11.15 per share offer from Rithm Capital Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
-
Rhea-AI Summary
Sculptor Capital Management rejects revised proposals from a consortium of bidders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Rhea-AI Summary
Sculptor Capital Management responds to Section 220 demand for inspection by Daniel Och and others
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none

FAQ

What is the market cap of Sculptor Capital Management (SCU)?

The market cap of Sculptor Capital Management (SCU) is approximately 373.4M.

What services does Sculptor Capital Management, Inc. provide?

Sculptor Capital Management provides investment advisory services to institutional investors and manages equity, fixed income, and real estate accounts.

Who are the primary clients of Sculptor Capital Management?

The firm's primary clients include pension funds, fund-of-funds, foundations, endowments, corporations, private banks, and family offices.

What investment strategies does Sculptor Capital employ?

Sculptor uses a variety of strategies such as convertible and derivative arbitrage, corporate credit, long/short equity special situations, buyout investments, merger arbitrage, private investments, and structured credit.

What recent significant events have taken place at Sculptor Capital?

Rob Shafir, a major shareholder, has actively urged the board to consider alternative bids over a proposed sale to Rithm Capital Corp. to maximize shareholder value.

How does Sculptor Capital conduct its investment analysis?

The firm employs both quantitative and qualitative analysis, leveraging fundamental bottom-up research, flexibility, and integrated risk management.

What markets does Sculptor Capital invest in?

Sculptor Capital invests in global equity, fixed income, and real estate markets.

What recent actions have shareholders taken?

Major shareholder Rob Shafir has released an open letter urging the board to consider superior bids over the proposed sale to Rithm Capital Corp.

What is the firm’s approach to risk management?

Sculptor Capital integrates risk management into its investment process, aiming to balance returns with potential risks.

Sculptor Capital Management, Inc.

NYSE:SCU

SCU Rankings

SCU Stock Data

373.36M
18.02M
28.25%
38.02%
1.02%
Asset Management
Financial Services
Link
United States
New York