Sculptor Capital Management has closed a $405m collateralised loan obligation, Sculptor CLO XXXIII, at $405m. The firm is now managing 34 CLOs and CBOs totalling over $13bn across both the US and Europe.
Sculptor CLO 33 is the third CLO issued by Sculptor this year.
It is backed by a near-fully ramped $405m portfolio of primarily senior secured loans as of closing and will have a five-year reinvestment period and a two-year non-call period.
Sculptor has issued 44 CLOs & CBOs across the US and Europe since 2012.