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Sculptor Hedge Fund Hit By $42M Of Third-quarter Outflows

by finance.yahoo.com posted 1month ago 11 views
(Bloomberg) -- Sculptor Capital Management’s flagship hedge fund recorded $42 million of outflows in the third quarter, even as the fund gained 7.4% through the first nine months of the year. The hedge fund assets totaled $11.5 billion as of Sept. 30, Sculptor said Wednesday in a statement. Despite the latest client withdrawals, the multistrategy vehicle and associated portfolios pulled in about $155 million on a net basis so far in 2021, setting it up for its first year of inflows since 2014.

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