Sculptor Capital Management, Inc. (NYSE: SCU) today reported a GAAP Net Loss Attributable to Class A Shareholders of $4.3 million, or $0.17 per basic and diluted Class A Share, for the third quarter of 2021.

Third Quarter 2021 Highlights

• Distributable Earnings[1][2] for the third quarter of 2021 were $35.3 million, or $0.58 per Fully Diluted Share
• A cash dividend of $0.28 per Class A Share was declared for the third quarter of 2021, payable on November 22, 2021, to Class A Shareholders of record as of November 15, 2021
• Sculptor Master Fund was up 1.4% net for the third quarter of 2021 and up 7.4% net year-to-date through September 30, 2021
• Sculptor Credit Opportunities Master Fund and Sculptor Customized Credit Focused Platform were both up 2.4% net, for the third quarter of 2021 and up 14.4% and 14.1% net, respectively, year-to-date through September 30, 2021
• Assets under management were $37.5 billion as of September 30, 2021, up $1.5 billion year-over-year which includes longer-term assets under management of $24.9 billion, up $430.2 million year-over-year
• Adjusted net assets[1][3] grew by $90.7 million during the quarter to $392.6 million

October 2021 Update

• Sculptor Master Fund was up 1.8% net month-to-date in October, bringing year-to-date performance to up 9.3% net through October 31, 2021
• Sculptor Credit Opportunities Master Fund and Sculptor Customized Credit Focused Platform were up 0.5% and 0.8% net, respectively, month-to date in October, bringing year-to-date performance for both to up 15.0% net through October 31, 2021
• As of November 1, 2021, assets under management were $37.2 billion

View full Earnings Press Release: here

Sculptor will hold a conference call on Thursday, November 4, 2021, 8:30 am ET. The call can be accessed by dialing +877-407-0312 (in the U.S.) or +201-389-0899 (international) or via webcast available on our website.

About Sculptor Capital Management

Sculptor Capital Management, Inc. is a leading global alternative asset management firm providing investment products in a range of areas including multi-strategy, credit and real estate. With offices in New York, London, Hong Kong and Shanghai, the Company serves global clients through commingled funds, separate accounts and specialized products. Sculptor Capital’s distinct investment process seeks to generate attractive and consistent risk-adjusted returns across market cycles through a combination of fundamental bottom-up research, a high degree of flexibility, a collaborative team and integrated risk management. The Company’s capabilities span all major geographies, in strategies including fundamental equities, corporate credit, real estate debt and equity, merger arbitrage, convertible and derivative arbitrage and structured credit. As of November 1, 2021, Sculptor Capital had approximately $37.2 billion in assets under management. For more information, please visit the Company's website (www.sculptor.com).