Rithm Capital Acquiring Sculptor Capital Management In $639 Million Deal
Asset management giant Rithm to add Sculptor's $34 billion AUM to its portfolio.
Asset management giant Rithm to add Sculptor's $34 billion AUM to its portfolio.
Satish Mansukhani previously held similar positions at Bank of America and Credit Suisse.
CEO says stock is undervalued, sees opportunity to 'further diversify our business model.'
The preliminary ratings are for mortgage-backed notes, with all loans originated by NewRez LLC or Caliber Home Loans.