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Sculptor Capital raises $4.6 billion for fifth distressed property fund

Alternative asset manager exceeds target as institutional demand surges
Sculptor partnered with JPMorgan Chase to provide construction financing for the Residences at 1428 Brickell project underway in Miami. (CoStar)
Sculptor partnered with JPMorgan Chase to provide construction financing for the Residences at 1428 Brickell project underway in Miami. (CoStar)
CoStar News
December 4, 2025 | 9:26 P.M.

Sculptor Capital Management has closed its fifth opportunistic real estate fund at $4.6 billion, surpassing its $3 billion target to invest in properties experiencing debt issues or requiring upgrades.

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News | Sculptor Capital raises $4.6 billion for fifth distressed property fund