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Fitch affirms Sculptor Capital ratings

Oct 18, 2019 - SNL Financial

Fitch said the affirmation reflects the company's performance in its core multi-strategy hedge fund business, and expansion into credit and real estate products, which has generated consistent fee revenue, among other reasons.

Fitch affirmed Sculptor Capital Management Inc. and its related entities' long-term issuer default ratings at B+.

The rating agency also affirmed Sculptor's existing senior secured debt at BB-/RR3.

The outlook on the ratings is stable.

Fitch said th...