Sculptor
Sculptor Capital Management (formerly Och-Ziff Capital Management) is a New York-based global alternative investment management firm founded in 1994, managing approximately $34 billion in assets across multi-strategy hedge funds, real estate, and credit strategies. The firm was acquired by Rithm Capital in 2023, marking a significant ownership change for one of the established multi-strategy hedge fund firms in the industry. Sculptor manages diversified alternative investment portfolios for institutional investors including pension funds, sovereign wealth funds, endowments, and family offices across North America, Europe, and Asia.
Sculptor's investment platform spans global multi-strategy investing, real estate investing, and credit strategies. The multi-strategy flagship funds invest across convertible and derivative arbitrage, corporate credit and distressed investing, merger arbitrage and event-driven, equity and equity-related strategies, and real estate-related investments, targeting uncorrelated, absolute return outcomes for investors. Sculptor Real Estate focuses on opportunistic and value-add real estate investments across multiple property types and geographies, while the credit platform provides leveraged credit and structured credit exposure.
Sculptor Capital Management has navigated significant organizational changes in recent years, including its transition to Rithm Capital ownership, while maintaining its investment capabilities and institutional client relationships. The firm's global multi-strategy approach — which seeks to capitalize on mispricings and opportunities across asset classes and geographies through a flexible, opportunistic investment mandate — has generated a long track record of performance for institutional investors. As part of Rithm Capital's evolving alternative asset management platform, Sculptor's multi-strategy capabilities provide a significant foundation for Rithm's ambition to build a diversified, global alternative investment organization.