Sculptor Capital Management

The long-running battle for Sculptor Capital Management appears to be over after Daniel Och agreed to support Rithm Capital’s enhanced takeover plan for the $34 billion hedge fund he founded in 1994.

Dan Och and other former Sculptor Capital Management executives filed a lawsuit in a bid for transparency over competing offers for the purchase of the firm by Rithm Capital,

Rithm Capital and Sculptor Capital Management have finalized new terms for a takeover deal valued at $676 million after real estate-focused investment manager Rithm upped its offer for the $34 billion hedge fund firm.

Rithm Capital is standing firm with its original bid for Sculptor Capital Management, and has dropped plans for an improved offer after Sculptor founder Daniel Och welcomed a rival proposal from a high-profile hedge fund consortium led by Saba Capital ...

Sculptor Capital Management has accused Daniel Och of pursuing “personal vendettas” after the firm’s founder demanded to open the books and records of the hedge fund following its sale to Rithm Capital last month.

Publicly traded real estate and financial services industries-focused asset manager Rithm Capital has agreed to buy Sculptor Capital Management for $639 million. The deal follows the reported resolution of a legal dispute last November between Sculptor (formerly Och Ziff) and ...

Suraj Panjwani has joined New York-based Varagon Capital as managing director within its business development and investor relations team. Panjawani joins Edward Jung, who came aboard Varagon earlier this year as part of the build-out of its client-facing group. He ...

New York firm Sculptor Capital announced that its fourth opportunistic real estate fund, Sculptor Real Estate Fund IV (SRE IV) closed this week with $2.6 billion in capital commitments. The amount outshines the investment unit’s previous fund Sculptor Real Estate ...

Sculptor Capital Management announced plans for Chief Investment Officer Jimmy Levin to succeed Robert Shafir as CEO, effective April 1, 2021. Levin will continue to serve as CIO and provide day-to-day leadership and management of Sculptor Capital, formerly Och Ziff.

Howard Marks' Oaktree Capital is plotting a new distressed fund and has set its sights on raising $15 billion, according to Bloomberg. The fund would come close to Oaktree’s overall assets in the distressed space, according to media reports, but ...