Sculptor Hedge Fund Rebounds With First Inflows Since 2014
- Flagship fund saw net inflows of $78 million in first quarter
- Client withdrawals have totaled about $30 billion since 2014
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Sculptor Capital Management’s flagship hedge fund is finally beginning to turn around.
The firm’s multistrategy vehicle scored its first quarter of net inflows since 2014, marking the end of years of client withdrawals that totaled about $30 billion. The fund and its associated portfolios attracted a net $78 million of fresh cash, bringing total assets in those products to $10.9 billion as of March 31, the firm said in a statement Wednesday.