– Sculptor Capital Management announced the final close of Sculptor Real Estate Fund V with $4.6 billion in commitments, surpassing the $3 billion target and reaching the hard cap.
– An additional $825 million of co-investment capital was raised for investors to participate alongside the flagship fund.
– The Fund is part of Sculptor’s broader real estate platform, which includes opportunistic credit and core+ strategies that support sourcing and executing differentiated opportunities.
– The Fund received strong support from both new and existing institutional investors globally.
– The Fund will continue pursuing value-based, situationally opportunistic investments aimed at attractive risk-adjusted returns.
– Sculptor Real Estate invests across 30 asset classes, including hospitality, gaming and leisure, digital infrastructure, healthcare, logistics, and cold storage.
– Steven Orbuch, Founder and President, emphasized the firm’s 20-year track record in non-traditional real estate delivering attractive income, total returns, lower macro correlation, and reduced volatility.
– Chief Investment Officer Nicholas Hecker expressed gratitude for investor support and reaffirmed the focus on opportunistic returns with modest leverage and strong cash yields.
– Since 2003, Sculptor Real Estate has completed more than 220 investments across 30 asset classes, representing over $27 billion in total enterprise value.