Sculptor Prepares for Future Without Levin With New CIO Setup

Sculptor Capital Management is preparing for the eventual departure of its chief investment officer Jimmy Levin and has created a new leadership structure to help with succession.

The $38 billion firm has established an Office of the CIO to lead the investment strategy across its multistrategy and opportunistic credit platforms. This comprises Levin along with the money manager’s global corporate credit head Brett Klein, global asset-based finance boss Udai Bishnoi and Chief Risk Officer Peter Wallach, according to a letter sent to investors and seen by Bloomberg.