Sculptor European CLO XII DAC: 19 January 2025
https://www.sculptor.com/news/2025-01-16-sculptor-closes-european-clo-xii-totaling-410.1-million
LONDON – January 16, 2025 - Sculptor Capital Management, Inc. (“Sculptor”) today announced the closing of Sculptor European CLO XII (SCULE 12), a €410.1 million European collateralized loan obligation (CLO). With the closing of SCULE 12, Sculptor currently manages a global suite of 34 CLOs and CBOs totaling approximately $13 billion across both the US and Europe.
SCULE 12 marks the second CLO transaction and first new issuance transaction closed by Sculptor in 2025. A controlling equity position was pre-placed with Sculptor Loan Financing Partners, the firm’s captive CLO equity platform. SCULE 12 also benefited from strong investor demand from a diverse group of leading global institutions across both its equity and debt tranches.
Adeel Shafiqullah, Head of European CLO Management at Sculptor, said, “We are pleased to have successfully closed SCULE 12 and further expand our European CLO platform. We are grateful for the support we received from both new and existing investors as we continue to broaden our investor base.”
SCULE 12 was arranged by BNP Paribas and features a two-year non-call period and five-year reinvestment period.