SCU - Sculptor Capital Management: Overhang Removed

• The overhang regarding the Africo legal case has been removed, and Sculptor Capital Management signed a new refinancing deal that will help to strengthen its financial position.
• There are expectations of an increase in net inflows for Sculptor Capital Management going forward, and year to date inflows for opportunistic credit funds and multi-strategy funds have been encouraging.
• Sculptor Capital Management might not be as defensive as some of its peers because a significant proportion of its AUM relates to funds where investors can redeem their capital.
• Sculptor Capital Management trades at 6.0 times consensus forward FY 2021 P/E, and it offers a consensus forward FY 2021 dividend yield of 4.4%.

For further details see: