Sculptor Closes European CLO XI Totaling €354 million
Sculptor Capital Management, Inc. (“Sculptor”) today announced the closing of a €354 million European collateralized loan obligation (CLO) transaction, Sculptor European CLO XI (Ticker: SCULE 11).
- Sculptor Capital Management, Inc. (“Sculptor”) today announced the closing of a €354 million European collateralized loan obligation (CLO) transaction, Sculptor European CLO XI (Ticker: SCULE 11).
- This is the second CLO issued by Sculptor in 2024, following the successful closing of its $406 million US CLO XXXII (US CLO 32).
- In addition, a portion of the equity was pre-placed with Sculptor’s recently launched captive CLO equity platform.
- Adeel Shafiqullah, Head of European CLO Management at Sculptor, said, “We are pleased to have closed SCULE 11, which continues the expansion of our European CLO business and further demonstrates the benefits of our captive CLO equity platform to investors.