Rithm Capital Corp (LTS:0K76)
$ 11.03 -0.17 (-1.55%) Market Cap: 5.73 Bil Enterprise Value: 35.22 Bil PE Ratio: 11.14 PB Ratio: 0.90 GF Score: 45/100

Rithm Capital Corp to Acquire Sculptor Capital Management Transcript

Jul 24, 2023 / 12:00PM GMT
Release Date Price: $10.25 (+5.33%)
Operator

Good morning, and welcome to the Rithm Capital Investor Update Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Phil Sivin. Please go ahead.

Philip Matthew Sivin
Rithm Capital Corp. - Chief Legal Officer & Secretary

Thank you, and good morning, everyone. I'd like to thank you for joining us today. Earlier this morning, we issued a press release announcing the acquisition of Sculptor Capital Management and provided Rithm's preliminary results for the second quarter of 2023.

Joining me on the call this morning are Michael Nierenberg, Chairman, CEO and President of Rithm Capital; Nick Santoro, Chief Financial Officer of Rithm Capital; and Varun Wadhawan, Managing Director of Rithm Capital. Throughout the call, we are going to refer to the investor presentation posted to the Rithm Capital website, www.rithmcap.com this morning. If you've not already done so, I'd encourage you to download the presentation

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