Sculptor Capital Management announced it has closed Sculptor CLO XXXVI, a $400 million collateralized loan obligation transaction backed by a near-fully ramped portfolio of senior secured loans, as the alternative asset manager opened 2026 with what it described as its tightest new-issue pricing to date for a deal of this structure.
The firm said the transaction’s AAA tranche was priced at SOFR plus 125 basis points, surpassing the pricing achieved on its recently closed CLO XXXVII for a transaction featuring a five-year reinvestment period and a two-year non-call. Sculptor added that the deal drew strong demand across both debt and equity tranches from a broad set of global institutional investors. Wells Fargo served as arranger.
CLO XXXVI is Sculptor’s first new-issue CLO of 2026 and follows an active year for the platform in 2025, when the firm completed eight total transactions. With the latest closing, Sculptor said it now manages a global suite of CLOs and CBOs totaling about $13.2 billion across the U.S. and Europe, and that it has issued 49 CLOs and CBOs in those markets since 2012.
Sculptor positioned the deal as another signal of momentum in its credit business, highlighting disciplined portfolio construction and active management as key contributors to the outcome. The firm said that as of Dec. 31, 2025, it managed approximately $22.4 billion in credit assets globally across strategies spanning corporate, asset-based and real estate credit. Separately, Sculptor reported approximately $37 billion in total assets under management as of Sept. 30, 2025.
KEY QUOTE:
“Kicking off 2026 with the closing of CLO 36 underscores the continued momentum of our credit platform. Strong investor demand and disciplined portfolio construction enabled us to achieve our tightest new-issue pricing to date for a transaction of this structure. This result reflects the consistency of our underwriting and active portfolio management across market cycles.”
Josh Eisenberger, Executive Managing Director and Head of U.S. CLO Management, Sculptor Capital Management
