Sculptor Capital Management (SCU) 10-Q 9 Nov 22 2022 Q3 Quarterly report Financial data

Cover page

Cover page - shares	9 Months Ended
	Sep. 30, 2022	Nov. 03, 2022
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-33805
Entity Registrant Name	SCULPTOR CAPITAL MANAGEMENT, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-0354783
Entity Address, Address Line One	9 West 57th Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10019
City Area Code	212
Local Phone Number	790-0000
Title of 12(b) Security	Class A Shares
Trading Symbol	SCU
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001403256
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Document Quarterly Report	true
Class A Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		23,922,929
Restricted Class A Shares (“RSAs”)
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		5,203,172
Class B Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		33,569,188

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 170,304	$ 170,781
Restricted cash	7,144	7,289
Investments (includes assets measured at fair value of $268,497 and $424,910, including assets sold under agreements to repurchase of $140,461 and $157,721 as of September 30, 2022 and December 31, 2021, respectively)	361,905	583,622
Income and fees receivable	26,037	193,636
Due from related parties	27,944	28,037
Deferred income tax assets	247,824	241,759
Operating lease assets	78,650	85,735
Other assets, net	101,643	77,091
Assets of consolidated entities:
Cash and cash equivalents	83	0
Restricted cash and cash equivalents of consolidated entities	9,882	234,601
Investments of Consolidated Entities	543,843	0
Other assets of consolidated entities	11,813	5,304
Total Assets	1,587,072	1,627,855
Liabilities
Compensation payable	73,269	246,261
Unearned income and fees	66,188	62,800
Tax receivable agreement liability	178,773	195,752
Operating lease liabilities	95,174	104,753
Debt obligations	123,812	126,474
Warrant liabilities, at fair value	24,597	65,287
Securities sold under agreements to repurchase	152,883	156,448
Other liabilities	37,853	38,790
Liabilities of consolidated entities:
Notes payable, at fair value	207,978	0
Warrant liabilities, at fair value	1,639	7,590
Other liabilities of consolidated entities	14,791	10,817
Total Liabilities	976,957	1,014,972
Commitments and Contingencies
Redeemable noncontrolling interests of consolidated entities	235,918	234,600
Shareholders’ Equity
Treasury Stock, Value	(28,232)	0
Additional paid-in capital	237,940	184,691
Accumulated deficit	(277,292)	(253,521)
Accumulated other comprehensive (loss) income	(3,355)	51
Shareholders’ deficit attributable to Class A Shareholders	(70,363)	(68,186)
Shareholders’ equity attributable to noncontrolling interests	444,560	446,469
Total Shareholders’ Equity	374,197	378,283
Total Liabilities and Shareholders’ Equity	1,587,072	1,627,855
Class A Shares
Shareholders’ Equity
Value of stock	240	257
Class B Shares
Shareholders’ Equity
Value of stock	$ 336	$ 336

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Investments measured at fair value	$ 268,497	$ 424,910
Assets sold under agreements to repurchase	$ 140,461	$ 157,721
Class A Shares
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	26,612,372	25,668,987
Common stock, shares outstanding (in shares)	24,034,767	25,668,987
Class B Shares
Common stock, par value per share (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	33,569,188	33,613,023
Common stock, shares outstanding (in shares)	33,569,188	33,613,023

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Other revenues	$ 3,576	$ 1,786	$ 8,526	$ 5,145
Income of consolidated entities	1,453	0	1,603	3
Total Revenues	78,831	105,637	295,360	366,918
Expenses
Compensation and benefits	67,130	53,078	224,658	201,759
Interest expense	3,876	3,277	10,588	12,280
General, Administrative and Other Expense	28,290	39,672	82,031	92,070
Expenses of consolidated entities	1,031	0	2,943	2
Total Expenses	100,327	96,027	320,220	306,111
Other Loss
Changes in fair value of warrant liabilities	(2,386)	(12,710)	40,690	(50,885)
Changes in tax receivable agreement liability	(14)	(39)	206	(18)
Net losses on retirement of debt	0	0	0	(30,198)
Net (losses) gains on investments	(2,989)	5,068	(39,171)	16,685
Net losses of consolidated entities	(3,498)	0	(5,792)	0
Total Other Loss	(8,887)	(7,681)	(4,067)	(64,416)
(Loss) Income Before Income Taxes	(30,383)	1,929	(28,927)	(3,609)
Income taxes	227	8,653	(720)	19,985
Consolidated Net Loss	(30,610)	(6,724)	(28,207)	(23,594)
Less: Net loss attributable to noncontrolling interests	9,410	2,386	15,837	20,777
Less: Comprehensive income attributable to redeemable noncontrolling interests	(1,492)	0	(5,257)	0
Net Loss Attributable to Sculptor Capital Management, Inc.	(22,692)	(4,338)	(17,627)	(2,817)
Change in redemption value of redeemable noncontrolling interests	174	0	3,939	0
Net Loss Attributable to Class A Shareholders	$ (22,518)	$ (4,338)	$ (13,688)	$ (2,817)
Earnings Per Share [Abstract]
Loss per Class A Share - basic	$ (0.91)	$ (0.17)	$ (0.53)	$ (0.11)
Loss per Class A Share - diluted	$ (0.91)	$ (0.17)	$ (1.79)	$ (0.50)
Weighted-average Class A Shares outstanding - basic	24,772,098	25,334,903	25,620,996	24,743,527
Weighted-average Class A Shares outstanding - diluted	24,772,098	25,334,903	26,818,176	40,763,033
Management fees
Revenues
Investment management revenues	$ 66,236	$ 76,820	$ 211,443	$ 227,391
Incentive income
Revenues
Investment management revenues	$ 7,566	$ 27,031	$ 73,788	$ 134,379

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Consolidated net loss	$ (30,610)	$ (6,724)	$ (28,207)	$ (23,594)
Other Comprehensive Loss, Net of Tax
Other comprehensive loss - currency translation adjustment	(1,430)	(565)	(3,406)	(1,248)
Comprehensive Loss	(32,040)	(7,289)	(31,613)	(24,842)
Less: Comprehensive loss attributable to noncontrolling interests	9,410	2,678	15,837	21,439
Less: Comprehensive income attributable to redeemable noncontrolling interests	(1,492)	0	(5,257)	0
Comprehensive (Loss) Income Attributable to Sculptor Capital Management, Inc.	$ (24,122)	$ (4,611)	$ (21,033)	$ (3,403)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Deficit) - USD ($) $ in Thousands	Total	Class A Shares	Class B Shares	Treasury Stock	Common Stock Par Value Class A Shares	Common Stock Par Value Class B Shares	Common Stock Par Value Treasury Stock	Additional Paid in Capital	Accumulated Deficit	Accumulated Other Comprehensive (Loss) Income	Shareholders’ Deficit Attributable to Class A Shareholders	Shareholders’ Equity Attributable to Noncontrolling Interests
Balance at Beginning of Period (shares) at Dec. 31, 2020		22,903,571	32,824,538
Balance at Beginning of period (shares) at Dec. 31, 2020				0
Balance at Beginning of Period, Value at Dec. 31, 2020							$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes		2,313,285	63,344
Balance at End of Period (shares) at Sep. 30, 2021		25,216,856	32,887,882
Balance at Beginning of Period (values) at Dec. 31, 2020	$ 434,880				$ 229	$ 328		$ 166,917	$ (178,674)	$ 732	$ (10,468)	$ 445,348
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes	48,311				23	1		33,563			33,587	14,724
Dividend equivalents on Class A restricted share units	0							7,311	(7,311)		0
Cash dividends declared on Class A Shares	(77,046)								(77,046)		(77,046)
Consolidated net loss, excluding amounts attributable to redeemable noncontrolling interests	(23,594)								(2,817)		(2,817)	(20,777)
Other comprehensive loss - currency translation adjustment	(1,248)									(586)	(586)	(662)
Capital contributions	3,727											3,727
Capital distributions	(5,484)											(5,484)
Balance at Ending of Period, Value at Sep. 30, 2021							0
Balance at End of Period (shares) at Sep. 30, 2021				0
Balance at End of Period (values) at Sep. 30, 2021	$ 379,546				252	329		207,791	(265,848)	146	(57,330)	436,876
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends Paid per Class A Share (in dollars per share)	$ 3.19
Balance at Beginning of Period (shares) at Jun. 30, 2021		25,101,187	32,887,882
Balance at Beginning of period (shares) at Jun. 30, 2021				0
Balance at Beginning of Period, Value at Jun. 30, 2021							0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes		115,669	0
Balance at End of Period (shares) at Sep. 30, 2021		25,216,856	32,887,882
Balance at Beginning of Period (values) at Jun. 30, 2021	$ 393,294				251	329		200,733	(247,058)	419	(45,326)	438,620
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes	9,397				1	0		6,224			6,225	3,172
Dividend equivalents on Class A restricted share units	0							834	(834)		0
Cash dividends declared on Class A Shares	(13,618)								(13,618)		(13,618)
Consolidated net loss, excluding amounts attributable to redeemable noncontrolling interests	(6,724)								(4,338)		(4,338)	(2,386)
Other comprehensive loss - currency translation adjustment	(565)									(273)	(273)	(292)
Capital contributions	763											763
Capital distributions	(3,001)											(3,001)
Balance at Ending of Period, Value at Sep. 30, 2021							0
Balance at End of Period (shares) at Sep. 30, 2021				0
Balance at End of Period (values) at Sep. 30, 2021	$ 379,546				252	329		207,791	(265,848)	146	(57,330)	436,876
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends Paid per Class A Share (in dollars per share)	$ 0.54
Balance at Beginning of Period (shares) at Dec. 31, 2021		25,668,987	33,613,023
Balance at Beginning of period (shares) at Dec. 31, 2021				0
Balance at Beginning of Period, Value at Dec. 31, 2021							0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes		943,385	(43,835)
Balance at End of Period (shares) at Sep. 30, 2022		24,034,767	33,569,188
Balance at Beginning of Period (values) at Dec. 31, 2021	$ 378,283				257	336		184,691	(253,521)	51	(68,186)	446,469
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes	55,205				9	0		49,167			49,176	6,029
Treasury Stock, Value, Acquired, Par Value Method					(26)
Stock Repurchased During Period, Shares		(2,577,605)		(2,577,605)
Stock Repurchased During Period, Value	(28,258)	$ (28,200)					(28,232)				(28,258)
Dividend equivalents on Class A restricted share units	0							143	(143)		0
Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock	3,939							3,939			3,939	0
Cash dividends declared on Class A Shares	(6,001)								(6,001)		(6,001)
Consolidated net loss, excluding amounts attributable to redeemable noncontrolling interests	(33,464)								(17,627)		(17,627)	(15,837)
Other comprehensive loss - currency translation adjustment	(3,406)									(3,406)	(3,406)	0
Capital contributions	14,469											14,469
Capital distributions	(6,570)											(6,570)
Balance at Ending of Period, Value at Sep. 30, 2022							(28,232)
Balance at End of Period (shares) at Sep. 30, 2022				2,577,605
Balance at End of Period (values) at Sep. 30, 2022	$ 374,197				240	336		237,940	(277,292)	(3,355)	(70,363)	444,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends Paid per Class A Share (in dollars per share)	$ 0.24
Balance at Beginning of Period (shares) at Jun. 30, 2022		24,885,028	33,633,474
Balance at Beginning of period (shares) at Jun. 30, 2022				1,641,589
Balance at Beginning of Period, Value at Jun. 30, 2022							(19,492)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes		85,755	(64,286)
Balance at End of Period (shares) at Sep. 30, 2022		24,034,767	33,569,188
Balance at Beginning of Period (values) at Jun. 30, 2022	$ 395,899				249	336		219,705	(251,059)	(1,925)	(52,186)	448,085
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity-based compensation, net of taxes	19,888				0	0		17,742			17,742	2,146
Treasury Stock, Value, Acquired, Par Value Method					(9)
Stock Repurchased During Period, Shares		(936,016)		(936,016)
Stock Repurchased During Period, Value	(8,749)						(8,740)				(8,749)
Dividend equivalents on Class A restricted share units	0							319	(319)		0
Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock	174							174			174	0
Cash dividends declared on Class A Shares	(3,222)								(3,222)		(3,222)
Consolidated net loss, excluding amounts attributable to redeemable noncontrolling interests	(32,102)								(22,692)		(22,692)	(9,410)
Other comprehensive loss - currency translation adjustment	(1,430)									(1,430)	(1,430)	0
Capital contributions	5,490											5,490
Capital distributions	(1,751)											(1,751)
Balance at Ending of Period, Value at Sep. 30, 2022							$ (28,232)
Balance at End of Period (shares) at Sep. 30, 2022				2,577,605
Balance at End of Period (values) at Sep. 30, 2022	$ 374,197				$ 240	$ 336		$ 237,940	$ (277,292)	$ (3,355)	$ (70,363)	$ 444,560
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Dividends Paid per Class A Share (in dollars per share)	$ 0.13

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities
Consolidated net loss	$ (28,207)	$ (23,594)
Adjustments to reconcile consolidated net loss to net cash provided by (used in) operating activities:
Amortization of equity-based compensation	66,664	54,089
Depreciation, amortization and net gains and losses on fixed assets	3,815	7,439
Changes in fair value of warrant liabilities	(40,690)	50,885
Net losses on retirement of debt	0	30,198
Deferred income taxes	(4,103)	14,452
Non-cash lease expense	14,311	27,084
Net losses (gains) on investments, net of dividends	42,831	(5,468)
Operating cash flows due to changes in:
Income and fees receivable	167,168	493,657
Due from related parties	(93)	(3,724)
Other assets, net	(11,635)	10,099
Compensation payable	(178,630)	(167,368)
Unearned income and fees	3,388	8,162
Tax receivable agreement liability	(16,979)	(7,200)
Operating lease liabilities	(16,486)	(17,354)
Other liabilities	(819)	(14,217)
Consolidated Entities Related Items
Net losses of consolidated entities	5,792	0
Purchases of investments	(493,970)	0
Proceeds from sale of investments	180,669	0
Other assets of consolidated entities	(10,320)	(3)
Other liabilities of consolidated entities	(7,213)	2
Net Cash (Used in) Provided by Operating Activities	(324,507)	457,139
Cash Flows from Investing Activities
Purchases of fixed assets	(2,317)	(3,407)
Purchases of United States government obligations	(98,082)	(336,762)
Maturities and sales of United States government obligations	224,386	199,290
Investments in funds	(136,734)	(101,600)
Return of investments in funds	152,517	27,701
Consolidated Entities Related Items
Purchases of United States government obligations by SPAC	(235,040)	0
Net Cash Used in Investing Activities	(95,270)	(214,778)
Cash Flows from Financing Activities
Contributions from noncontrolling interests	14,469	3,727
Distributions to noncontrolling interests	(6,570)	(5,484)
Dividends on Class A Shares	(6,001)	(77,046)
Proceeds from debt obligations, net of issuance costs	5,881	3,219
Repayment of debt obligations, including prepayment costs	(9,424)	(249,731)
Proceeds from securities sold under agreements to repurchase, net of issuance costs	20,395	45,920
Purchases of treasury stock	(28,232)	0
Other, net	(6,254)	(4,380)
Consolidated Entities Related Items
Proceeds from debt obligations of consolidated entities, net of issuance costs	215,733	0
Net Cash Provided by (Used in) Financing Activities	199,997	(283,775)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(5,478)	(755)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	(225,258)	(42,169)
Cash and Cash Equivalents and Restricted Cash, End of Period	187,413	144,808
Cash paid during the period:
Interest	8,746	11,097
Income taxes	7,199	6,263
Non-cashTransactions
Assets related to initial consolidation of funds	16,699	0
Liabilities related to initial consolidation of funds	2,364	0
Assets related to deconsolidation of funds	44,042	0
Liabilities related to deconsolidation of funds	29,632	0
Reconciliation of cash and cash equivalents and restricted cash
Cash and cash equivalents	170,304	143,005
Restricted cash	7,144	1,803
Cash and cash equivalents	83	0
Restricted cash and cash equivalents of consolidated entities	9,882	0
Total Cash and Cash Equivalents and Restricted Cash	$ 187,413	$ 144,808

Organization

Organization	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	ORGANIZATION Sculptor Capital Management, Inc. (the “Registrant”), a Delaware corporation, together with its consolidated subsidiaries (collectively, the “Company” or “Sculptor Capital”), is a leading institutional alternative asset management firm with a global presence with offices in New York, London, Hong Kong and Shanghai. The Company provides asset management services and investment products across Credit, Real Estate, and Multi-Strategy. The Company serves its global client base through commingled funds, separate accounts and specialized products, as well as sponsoring a special purpose acquisition company (“SPAC”) (collectively, the “funds”). Sculptor Capital’s distinct investment process seeks to generate attractive and consistent risk-adjusted returns across market cycles through a combination of bottom-up fundamental analysis, a high degree of flexibility, a collaborative team and integrated risk management. The Company’s capabilities span all major geographies and asset classes, including fundamental equities, corporate credit, real estate debt and equity, merger arbitrage and structured credit. The Company manages dedicated credit funds, including opportunistic credit funds and Institutional Credit Strategies products, real estate funds, multi-strategy funds and other alternative investment vehicles. Through Institutional Credit Strategies, the Company’s asset management platform that invests in performing credits, the Company manages collateralized loan obligations (“CLOs”), aircraft securitization vehicles, collateralized bond obligations (“CBOs”), structured alternative investment solutions, commingled products and other customized solutions for clients. The Company’s primary sources of revenues are management fees, which are generally based on the amount of the Company’s assets under management (“Assets Under Management” or “AUM”), as defined below, and incentive income, which is based on the investment performance of its funds. Accordingly, for any given period, the Company’s revenues will be driven by the combination of Assets Under Management and the investment performance of the funds. AUM refers to the assets of the funds to which the Company provides investment management and advisory services. The Company’s AUM are a function of the capital that is allocated to it by the investors in its funds and the investment performance of its funds. The Company conducts its business and generates substantially all of its revenues primarily in the United States (the “U.S.”) through one operating and reportable segment. The single reportable segment reflects how the Company’s chief operating decision makers allocate resources, make operating decisions and assess financial performance on a consolidated basis under the Company’s ‘one-firm approach,’ which includes operating collaboratively across business lines, with predominantly a single expense pool. The Company conducts its operations through Sculptor Capital LP, Sculptor Capital Advisors LP and Sculptor Capital Advisors II LP (collectively, the “Sculptor Operating Partnerships” and collectively with their consolidated subsidiaries, the “Sculptor Operating Group”). The Registrant holds its interests in the Sculptor Operating Group indirectly through Sculptor Capital Holding Corporation (“Sculptor Corp”), a wholly owned subsidiary of the Registrant. References to the Company’s “executive managing directors” include the current executive managing directors of the Company, and, except where the context requires otherwise, also include certain former executive managing directors who are no longer active in the Company’s business. Company Structure The Registrant is a holding company that, through Sculptor Corp, holds equity ownership interests in the Sculptor Operating Group. The Registrant had issued and outstanding the following share classes: • Class A Shares —Class A Shares are publicly traded and entitle the holders thereof to one vote per share on matters submitted to a vote of shareholders. The holders of Class A Shares are entitled to any distributions declared on the Class A Shares by the Registrant’s Board of Directors (other than RSAs, where entitlement to distributions may be subject to limitations and conditions). • Class B Shares —Class B Shares are held by executive managing directors, as further discussed below. These shares are not publicly traded but rather entitle the executive managing directors to one vote per share on matters submitted to a vote of shareholders. These shares do not participate in the earnings of the Registrant, as the executive managing directors participate in the related economics of the Sculptor Operating Group through their direct ownership in the Sculptor Operating Group, subject to the Distribution Holiday discussed below. The Company conducts its operations through the Sculptor Operating Group. The following is a list of the outstanding units of the Sculptor Operating Partnerships as of September 30, 2022: • Group A Units —Group A Units are limited partner interests issued to certain executive managing directors. In connection with the Recapitalization, as defined below, the Sculptor Operating Partnerships initiated a distribution holiday (the “Distribution Holiday”). Holders of Group A Units do not receive distributions on such units during the Distribution Holiday. Each executive managing director may exchange his or her vested and booked-up (as defined below) Group A Units for an equal number of Class A Shares (or the cash equivalent thereof) over a period of two years in three equal installments commencing upon the final day of the Distribution Holiday and on each of the first and second anniversary thereof (or, for units that become vested and booked-up Group A Units after the final day of the Distribution Holiday, from the later of the date on which they would have been exchangeable in accordance with the foregoing and the date on which they become vested and booked-up Group A Units) (and thereafter such units will remain exchangeable), in each case, subject to certain restrictions. A “book-up” is achieved when sufficient appreciation has occurred to meet a prescribed capital account book-up target under the terms of the Sculptor Operating Partnership limited partnership agreements. Group A Unit grants are accounted for as equity-based compensation. See Note 13 in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022 (“Annual Report”) for additional information. The Company completed a recapitalization in February 2019 (“Recapitalization”). See Note 3 in the Company's Annual Report for additional details. In connection with the Recapitalization, each Group A Unit outstanding on the Recapitalization date was recapitalized into 0.65 Group A Units and 0.35 Group A-1 Units. • Group A-1 Units —Group A-1 Units are limited partner interests into which 0.35 of each Group A Unit was recapitalized in connection with the reallocation that was effectuated by the Recapitalization. The Group A-1 Units will be canceled at such time and to the extent that the Group E Units granted in connection with the Recapitalization vest and achieve a book-up. Group A-1 Units are not eligible to receive distributions at any time and do not participate in the net income (loss) of the Sculptor Operating Group. However, the holders of Group A-1 Units shall participate in any sale, change of control or other liquidity event that takes place prior to cancellation of the Group A-1 Units. • Group B Units —Sculptor Corp holds a general partner interest and Group B Units in each Sculptor Operating Partnership. Sculptor Corp owns all of the Group B Units, which represent equity interest in the Sculptor Operating Partnerships. Except during the Distribution Holiday as described above, the Group B Units are economically identical to the Group A Units held by executive managing directors but are not exchangeable for Class A Shares and are not subject to vesting, book-up, forfeiture or minimum retained ownership requirements. • Group E Units —Group E Units are limited partner interests issued to certain executive managing directors that are only entitled to future profits and gains upon satisfaction of a certain performance condition. Each Group E Unit converts into a Group A Unit and becomes exchangeable for one Class A Share (or the cash equivalent thereof) to the extent there has been a sufficient amount of appreciation for a Group E Unit to achieve a book-up target and, subject to other conditions contained in the limited partnership agreements of the Sculptor Operating Partnerships, the Distribution Holiday has ended (or an earlier exchange date is established by the Exchange Committee, which consists of the Chief Executive Officer and the Chief Financial Officer of Sculptor Capital Management, Inc.). The Group E Units are entitled to share in residual assets upon liquidation, dissolution or winding up and become eligible to participate in any tag along right , in a change of control transaction or other liquidity event only to the extent of their relative positive capital accounts (if any). Holders of Group E Units do not receive distributions during the Distribution Holiday. See Note 3 in the Company's Annual Report for additional details. Group E Unit grants are accounted for as equity-based compensation. See Note 13 in the Company's Annual Report for additional information. • Group P Units —Group P Units are limited partner interests issued to certain executive managing directors that are only entitled to future profits and gains upon satisfaction of certain service and market conditions. Each Group P Unit becomes exchangeable for one Class A Share (or the cash equivalent thereof), in each case upon satisfaction of certain service and market conditions at such time and, with respect to exchanges, to the extent there has been sufficient appreciation for a Group P Unit to achieve a book-up target and, subject to other conditions contained in the limited partnership agreements of the Sculptor Operating Partnerships, the Distribution Holiday has ended (or an earlier exchange date is established by the Exchange Committee). The Group P Units are entitled to share in residual assets upon liquidation, dissolution or winding up and become eligible to participate in any tag along right, in a change of control transaction or other liquidity event only to the extent that certain market conditions are met and to the extent of their relative positive capital accounts (if any). The terms of the Group P Units may be varied for certain executive managing directors. See Note 13 in the Company's Annual Report for additional information. Executive managing directors hold a number of Class B Shares equal to the number of Group A Units, vested Group E Units, Group A-1 Units (to the extent the corresponding Class B Shares have not been canceled in connection with the vesting of certain Group E Units issued in connection with the Recapitalization, as further discussed in Note 3 in the Company's Annual Report), and Group P Units held. Upon the exchange of a Group A Unit or Group P Unit for a Class A Share, the corresponding Class B Share is canceled and a Group B Unit is issued to Sculptor Corp. Class B Shares that relate to Group A-1 Units will be voted pro rata in accordance with the vote of the Class A Shares. The following table presents the number of shares and units of the Registrant and the Sculptor Operating Partnerships, respectively, that were outstanding as of September 30, 2022: As of September 30, 2022 Sculptor Capital Management, Inc. Class A Shares 24,034,767 Class B Shares 33,569,188 Restricted Class A Shares (“RSAs”) 5,203,172 Restricted Share Units (“RSUs”) 2,746,469 Performance-based RSUs (“PSUs”) 1,112,500 Warrants to purchase Class A Shares (Note 7) 4,338,015 Sculptor Operating Partnerships Group A Units 15,025,994 Group A-1 Units 9,244,477 Group B Units 24,034,767 Group E Units 13,009,158 Group P Units 5,348,572 The Company grants RSAs, RSUs and PSUs to its employees and executive managing directors as a form of compensation. These grants are accounted for as equity-based compensation. See Note 13 in the Company's Annual Report for additional information. In addition, the Company has 2,577,605 shares of treasury stock as of September 30, 2022. Share Repurchase Program In February 2022, the Company’s Board of Directors authorized the Company to repurchase up to $100.0 million of its outstanding common stock. The Company records its treasury stock repurchases at cost on a trade date basis. As of September 30, 2022, the Company repurchased 2,577,605 Class A Shares at a cost of $28.2 million for an average price of $10.95 per share through open market purchase transactions. As of September 30, 2022, $71.8 million remained available for repurchase of the Company’s common stock under the share repurchase program. All of the repurchased shares are classified as treasury stock in the Company’s consolidated balance sheets. The repurchase program has no expiration date. The Company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques such as accelerated share repurchases. The timing and amount of any transactions will be subject to the discretion of the Company based upon market conditions and other opportunities that the Company may have for the use or investment of its cash balances. The repurchase program does not require the purchase of any minimum number of shares and may be suspended, modified or discontinued at any time without prior notice.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation These unaudited, interim, consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”), and exclude some of the disclosures required in audited financial statements and therefore should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report. Management believes all adjustments considered necessary for a fair presentation of the Company’s unaudited, interim, consolidated financial statements have been included and are of a normal and recurring nature and that estimates made in preparing unaudited, interim, consolidated financial statements are reasonable and prudent. The consolidated financial statements include the accounts of the Company, its wholly owned or majority owned subsidiaries, the consolidated entities which are considered to be variable interest entities and for which the Company is considered the primary beneficiary, and certain other entities which are not considered variable interest entities but the Company is determined to have control. All significant intercompany transactions and balances have been eliminated in consolidation. The results of operations presented for the interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. For example, incentive income for the majority of the Company’s multi-strategy AUM is recognized in the fourth quarter each year, based on full year investment performance. Policies of Consolidated Entities Consolidated Entities For purposes of these consolidated financial statements, “consolidated entities” refers to funds, special purpose entities, investment vehicles and other similar structures which the Company is required to consolidate in accordance with GAAP. The funds are considered investment companies for GAAP purposes. Pursuant to specialized accounting guidance for investment companies and the retention of that guidance in the Company’s consolidated financial statements, the investments held by the consolidated funds are reflected in the consolidated financial statements at their estimated fair values. The policy applied by the Company is that a consolidated entity that is considered an investment company under GAAP will generally consolidate another investment company when it owns substantially all of the interest in that investment company. Income of Consolidated Entities Income of consolidated entities consists of interest income, dividend income and other miscellaneous items. Interest income is recorded on an accrual basis. The consolidated entities may place debt obligations, including bank debt and other participation interests, on non-accrual status and, when necessary, reduce current interest income by charging off any interest receivable when collection of all or a portion of such accrued interest has become doubtful. The balance of non-accrual investments as of September 30, 2022, and the impact of such investments for the three and nine months ended September 30, 2022 were not material. Dividend income is recorded on the ex-dividend date, net of withholding taxes, if applicable. Premiums and discounts are amortized and accreted, respectively, to income of consolidated entities in the consolidated statements of comprehensive income (loss). Expenses of Consolidated Entities Expenses of consolidated entities consist of interest expense, general and administrative and other miscellaneous expenses. Interest expense is recorded on an accrual basis. Certain Assets and Liabilities of Consolidated Entities Investments of consolidated entities are carried at fair value and include the consolidated entities’ investments in securities, investment companies and other investments. Securities transactions are recorded on a trade-date basis. Realized gains and losses on sales of investments of the funds are determined on a specific identification basis and are included within net losses of consolidated entities in the consolidated statements of operations. The fair value of investments held by the consolidated entities is based on observable market prices when available. Such values are generally based on the last reported sales price as of the reporting date. In the absence of readily ascertainable market values, the determination of the fair value of investments held by the consolidated funds may require significant judgment or estimation. For information regarding the valuation of these assets, see Note 4. Assets of the consolidated structured alternative investment solution are presented within investments of consolidated entities, and liabilities due to third parties are presented within notes payable, at fair value within liabilities of consolidated entities in the consolidated balance sheets. Changes in the fair value of the vehicle’s financial assets and liabilities and related interest and other income are presented within net losses of consolidated entities, and ongoing expenses of the fund are presented as expenses of consolidated entities in the consolidated statements of operations. Also included within investments of consolidated entities are U.S. Treasury bills with original maturities of 90 days or more when purchased, which are held in a trust account by the Company’s consolidated SPAC. These investments are restricted for use and may only be used for purposes of completing an initial business combination or redemption of public shares as set forth in the SPAC trust agreement. Consolidation of SPAC, Structured Alternative Investment Solution and Other Funds In 2021, the Company consolidated a SPAC, which it sponsors and continues to consolidate as of September 30, 2022. The SPAC accrues interest income on U.S. Treasury bill investments held in a trust account, and incurs certain operational expenses related to legal, insurance and deal research costs. In the first quarter of 2022, the Company consolidated a fund it manages as a result of an increase in the Company’s investment in the vehicle, which resulted in the Company having a controlling financial interest in the VIE; the fund was subsequently deconsolidated in the first quarter of 2022 as the Company determined it was no longer the primary beneficiary as a result of the Company’s redemption of its economic exposure to the fund. The Company recognized no gain or loss from consolidation and deconsolidation of the fund in the first quarter of 2022. Additionally, in the first quarter of 2022, the Company closed on a $350.0 million structured alternative investment solution. The vehicle is a collateralized financing vehicle that issues senior and subordinated notes to investors and uses those proceeds to invest in a diversified portfolio of funds managed by the Company. Senior and mezzanine notes issued by the vehicle make periodic payments based on a stated interest rate, while the most subordinated notes have no stated interest rate but receive periodic payments from excess cash flows remaining after periodic payments have been made to the other notes and for fees and expenses due, as prescribed by the terms of the notes. The structured alternative investment solution is a variable interest entity (“VIE”) since it lacks sufficient equity at risk to finance its expected activities without additional subordinated financial support from other parties, as it is financed through senior, mezzanine and subordinated notes. The Company consolidates the entity, as it has the power to direct the activities that most significantly impact the vehicle’s economic performance, and the Company has the right to receive benefits or the obligation to absorb losses of the vehicle in the form of its retained interest that could potentially be significant to the vehicle. The Company invested approximately $127.8 million in the vehicle. The collateral assets of the consolidated entity are held solely to satisfy the obligations of the entity, and the investors in the consolidated vehicle have no recourse against the Company for any losses sustained by the entity. The Company measures the financial assets of the consolidated structured alternative investment solution, an investment company, at fair value using net asset value (“NAV”) per share of the underlying funds. The Company may determine, based on its own due diligence and investment procedures, that NAV per share does not represent fair value. In such circumstances, the Company will estimate the fair value in good faith and in a manner that it reasonably chooses, in accordance with the requirements of GAAP. The terms of the investments in underlying funds generally provide for minimum holding or lock-up periods, as well as redemption restrictions. Refer to Note 4 for further disclosures of investments for which fair value is measured using NAV per share. The Company has elected the fair value option for the financial liabilities of the structured alternative investment solution. The Company measures the financial liabilities of its consolidated entity based on the fair value of the financial assets of its consolidated entity, as the Company believes the fair value of the financial assets are more observable. The financial liabilities are measured as (i) the sum of the fair value of the consolidated fund assets less (ii) the sum of the fair value of any beneficial interests retained by the Company. As a result of this measurement alternative, there is no attribution of amounts to noncontrolling interest for consolidated structured alternative investment solution. See Note 2 in the Company’s Annual Report for the complete listing of the Company’s significant accounting policies. Recently Adopted Accounting Pronouncements No changes to GAAP that went into effect in the nine months ended September 30, 2022, had a material effect on the Company’s consolidated financial statements. Future Adoption of Accounting Pronouncements No changes to GAAP that are not yet effective are expected to have a material effect on the Company’s consolidated financial statements.

Noncontrolling Interests

Noncontrolling Interests	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Noncontrolling Interests	NONCONTROLLING INTERESTS Noncontrolling interests represent ownership interests in the Company’s subsidiaries held by parties other than the Company, and primarily relate to the Group A Units held by executive managing directors. Prior to the Recapitalization, the attribution of net income (loss) of each Sculptor Operating Partnership was based on the relative ownership percentages of the Group A Units (noncontrolling interests) and the Group B Units (indirectly held by the Registrant). In applying the substantive profit-sharing arrangements in the Sculptor Operating Partnerships’ limited partnership agreements to the Company’s consolidated financial statements, for periods subsequent to the Recapitalization and for the duration of the Distribution Holiday, the Company will allocate net income of each Sculptor Operating Partnership in any fiscal year solely to the Group B Units and any net loss on a pro rata basis based on the relative ownership percentages of the Group A Units and Group B Units. To the extent a Sculptor Operating Partnership incurs a net loss in an interim period, any net income recognized in a subsequent interim period in the same fiscal year is allocated on a pro rata basis to the extent of previously allocated net loss. Conversely, to the extent a Sculptor Operating Partnership recognizes net income in an interim period, any net loss incurred in a subsequent interim period in the same fiscal year is allocated solely to the Group B Units to the extent of previously allocated net income. Noncontrolling interests are presented as a separate component of shareholders’ equity on the Company’s consolidated balance sheets. The primary components of noncontrolling interests are separately presented in the Company’s consolidated statements of changes in shareholders’ equity (deficit) to distinguish the shareholders’ equity (deficit) attributable to Class A shareholders and noncontrolling interest holders. Net income (loss) includes the net income (loss) attributable to the holders of noncontrolling interest on the Company’s consolidated statements of operations. Sculptor Operating Group Ownership The Company’s equity interest in the Sculptor Operating Group decreased to 46.2% as of September 30, 2022, from 46.5% as of September 30, 2021. Changes in the Company’s interest in the Sculptor Operating Group have historically been, and in the future may be, driven by the following: (i) the exchange of Group A Units and Group P Units for Class A Shares, at which time the related Class B Shares are also canceled; (ii) vesting of RSAs; (iii) the issuance of Class A Shares under the Company’s Amended and Restated 2007 Equity Incentive Plan, 2013 Incentive Plan and 2022 Incentive Plan related to the settlement of Class A restricted share units (the “RSUs”) or Class A market performance-based RSUs (the “PSUs”); (iv) the forfeiture of Group A Units and participating Group P Units by a departing executive managing director; and (v) the repurchase of Class A Shares and Group A Units. The Company’s interest in the Sculptor Operating Group is generally expected to continue to increase over time as additional Class A Shares are issued upon the exchange of Group A Units and Group P Units, as well as the settlement of vested RSUs, PSUs and RSAs. However, additional repurchases of Class A Shares under the Company’s 2022 Share Repurchase Program may lead to a decrease of the Company’s interest in the Sculptor Operating Group. Additionally, the Company’s economic interest in the Sculptor Operating Group will decline when Group P Units begin to participate, as described in Note 13 in the Company's Annual Report. The table below sets forth the calculation of noncontrolling interests related to the Group A Units for each Sculptor Operating Partnership (rounding differences may occur). The blended participation percentages presented below take into account ownership changes throughout the periods presented. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Sculptor Capital LP Net (loss) income $ (9,389) $ 5,081 $ 6,826 $ (22,713) Blended participation percentage 0 % 39 % 0 % 39 % Net (Loss) Income Attributable to Group A Units $ — $ 2,003 $ — $ (8,824) Sculptor Capital Advisors LP Net loss $ (14,398) $ (11,795) $ (15,595) $ (34,989) Blended participation percentage 39 % 39 % 38 % 39 % Net Loss Attributable to Group A Units $ (5,548) $ (4,556) $ (5,999) $ (13,592) Sculptor Capital Advisors II LP Net (loss) income $ (9,800) $ 6,581 $ (29,273) $ 48,164 Blended participation percentage 40 % 0 % 38 % 0 % Net (Loss) Income Attributable to Group A Units $ (3,930) $ — $ (11,261) $ — Total Sculptor Operating Group Net loss $ (33,587) $ (133) $ (38,042) $ (9,538) Blended participation percentage 28 % n/m 45 % 235 % Net Loss Attributable to Group A Units $ (9,478) $ (2,553) $ (17,260) $ (22,416) _______________ n/m - not meaningful The following table presents the components of the net loss attributable to noncontrolling interests: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Group A Units $ (9,478) $ (2,553) $ (17,260) $ (22,416) Other 68 167 1,423 1,639 $ (9,410) $ (2,386) $ (15,837) $ (20,777) The following table presents the components of the shareholders’ equity attributable to noncontrolling interests: September 30, 2022 December 31, 2021 (dollars in thousands) Group A Units $ 420,073 $ 431,304 Other 24,487 15,165 $ 444,560 $ 446,469 Redeemable noncontrolling interests In 2021, the Company consolidated the SPAC it sponsors. The Class A shares issued by the consolidated SPAC are redeemable for cash by the public shareholders in the event the SPAC is unable to complete a business combination or a tender offer provision by a set date. Therefore, the investors’ interests in the SPAC are classified within redeemable noncontrolling interests in the consolidated balance sheets. The following table presents the activity in redeemable noncontrolling interests in the three and nine months ended September 30, 2022. There were no redeemable noncontrolling interests outstanding during the first nine months of 2021. Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 (dollars in thousands) Beginning balance $ 234,600 $ 234,600 Change in redemption value of Class A Shares of consolidated SPAC (174) (3,939) Comprehensive income 1,492 5,257 Ending Balance $ 235,918 $ 235,918

Investments and Fair Value Disc

Investments and Fair Value Disclosures	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Investments and Fair Value Disclosures	INVESTMENTS AND FAIR VALUE DISCLOSURES The following table presents the components of the Company’s investments as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) U.S. government obligations, at fair value $ 79,283 $ 205,400 CLOs, at fair value 189,214 219,510 Equity method investments 93,408 158,712 Total Investments $ 361,905 $ 583,622 Investments of Consolidated Entities $ 543,843 $ — The Company invests in U.S. government obligations to manage excess liquidity. CLOs, at fair value, consist of investments in notes of unconsolidated CLOs. These investments are carried at fair value under the irrevocable fair value option election at initial recognition. Changes in fair value are recorded within net (losses) gains on investments in the consolidated statements of operations. Interest income on these investments is accrued using the effective interest method and separately presented from the overall change in fair value and is recognized in other revenue in the consolidated statement of operations. The Company’s equity method investments include investments in funds, which are not consolidated, but in which the Company exerts significant influence, but not control. The Company has not elected the fair value option and accounts for such investments under the equity method. Under the equity method of accounting, the Company recognizes its share of the underlying earnings (losses) from equity method investments within net (losses) gains on investments in the consolidated statements of operations. The carrying amounts of equity method investments are recorded in investments in the consolidated balance sheets. Refer to Note 15 for details of the related party nature of such investments. Investments of consolidated entities include both investments of the Company’s consolidated SPAC, which consists of investments in U.S. Treasury bills held in a trust account, as well as investments held by the Company’s consolidated structured alternative investment solution. The investments of the consolidated structured alternative investment solution that the Company manages are generally measured at fair value using the NAV per share practical expedient. The Company may determine based on its own due diligence and investment procedures, that NAV per share does not represent fair value. In such circumstances, the Company will estimate the fair value in good faith and in a manner that it reasonably chooses in accordance with GAAP. The Company does not categorize investments where fair value is measured using the NAV practical expedient within the fair value hierarchy. The following table summarizes the fair value of the investments of the structured alternative investment solution that are measured at NAV by strategy type and ability to redeem such investments as of September 30, 2022. Fund Type (1) Fair Value (as of September 30, 2022) Redemption Frequency (2) Redemption Notice Period (2) (dollars in thousands) Multi-strategy 81,783 Quarterly - Annually 30 days - 90 days Credit 212,940 Monthly - Annually (3) 30 days - 90 days Real estate 7,153 None (4) N/A Total $ 301,876 _______________ (1) The structured alternative investment solution invests in both open-ended and close-ended funds. The investments in each fund may represent investments in a particular tranche of such fund subject to different withdrawal rights. (2) $148.7 million of investments are subject to an initial lock-up period of three years during which time no withdrawals or redemptions are allowed. Once the lock-up period ends, the investments are able to be redeemed with the frequency noted above. (3) 18% of these investments are in closed-end funds which cannot be redeemed, as distributions will be received as the underlying assets are liquidated, which is expected to be approximately six years. (4) 100% of these investments are in closed-end funds which cannot be redeemed, as distributions will be received as the underlying assets are liquidated, which is expected to be approximately seven As of September 30, 2022, the structured alternative investment solution had unfunded commitments of $104.7 million related to the investments presented in the table above. See Note 2 for additional information regarding the investments of consolidated entities. Fair Value Disclosures Fair value represents the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date (i.e., an exit price). The Company and the funds it manages hold a variety of investments, certain of which are not publicly traded or that are otherwise illiquid. Significant judgement and estimation go into the assumptions that drive the fair value of these investments. The fair value of these investments may be estimated using a combination of observed transaction prices, prices from third parties (including independent pricing services and relevant broker quotes), models or other valuation methodologies based on pricing inputs that are neither directly nor indirectly market observable. Due to the inherent uncertainty of valuations of investments that are determined to be illiquid or do not have readily ascertainable fair values, the estimates of fair value may differ from the values ultimately realized, and those differences can be material. GAAP establishes a hierarchical disclosure framework that prioritizes and ranks the level of market price observability used in measuring financial instruments at fair value. Market price observability is impacted by a number of factors, including the type and the specific characteristics of the financial instrument, including existence and transparency of transactions between market participants. Financial instruments with readily available actively quoted prices or for which fair value can be measured from actively-quoted prices generally will have a higher degree of market price observability and lesser degree of judgment used in measuring fair value. Financial instruments measured at fair value are classified and disclosed into one of the following categories based on the observability of inputs used in the determination of fair values: • Level I – Quoted prices that are available in active markets for identical financial instruments as of the reporting date. The types of financial instruments that would generally be included in this category are listed equities, U.S. government obligations and listed derivatives. The Company does not adjust the quoted price for these investments. • Level II – Quotations received from dealers making a market for financial instruments (“broker quotes”), valuations obtained from independent third-party pricing services, the use of models or other valuation methodologies based on pricing inputs that are either directly or indirectly observable as of the reporting date. The types of financial instruments that would generally be included in this category are certain corporate bonds and loans, certain credit default swap contracts, certain bank debt securities, certain commercial real estate debt, less liquid equity securities, forward contracts and certain over the-counter (“OTC”) derivatives where the fair value is based on observable inputs. These financial instruments exhibit higher levels of liquid market observability as compared to Level III financial instruments. • Level III – Pricing inputs that are unobservable for the financial instruments and includes situations where there is little, if any, market activity for the financial instrument. The inputs into the determination of fair value of financial instruments in this category may require significant management judgment or estimation. The fair value of these financial instruments may be estimated using a combination of observed transaction prices, independent pricing services, relevant broker quotes, models or other valuation methodologies based on pricing inputs that are neither directly or indirectly market observable (e.g., cash flows, implied yields, EBITDA multiples). The types of financial instruments that would generally be included in this category include CLOs, certain warrant liabilities, certain credit default swap contracts, certain bank debt securities, certain OTC derivatives, asset-backed securities, collateralized debt obligations and investments in affiliated credit funds. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, a financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument when the fair value is based on unobservable inputs. For financial instruments for which the Company uses independent pricing services for valuation, the Company performs analytical procedures and compares independent pricing service valuations to other vendors’ pricing as applicable. The Company also performs due diligence reviews on independent pricing services on an annual basis and performs other due diligence procedures as may be deemed necessary. Fair Value Measurements Categorized within the Fair Value Hierarchy The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis within the fair value hierarchy as of September 30, 2022: As of September 30, 2022 Level I Level II Level III NAV Total (dollars in thousands) Assets, at Fair Value Included within cash and cash equivalents: U.S. government obligations $ 67,853 $ — $ — $ — $ 67,853 Included within investments: U.S. government obligations $ 79,283 $ — $ — $ — $ 79,283 CLOs (1) $ — $ — $ 189,214 $ — $ 189,214 Included within investments of consolidated entities: U.S. government obligations $ 236,017 $ — $ — $ — $ 236,017 Bank Debt — 5,950 — — 5,950 Investments in funds — — — 301,876 301,876 Investments of Consolidated Entities $ 236,017 $ 5,950 $ — $ 301,876 $ 543,843 Liabilities, at Fair Value Warrants $ — $ — $ 24,597 $ — $ 24,597 Liabilities of consolidated entities: Warrants $ 1,639 $ — $ — $ — $ 1,639 Notes payable $ — $ — $ 207,978 $ — $ 207,978 _______________ (1) As of September 30, 2022, investments in CLOs had contractual principal amounts of $198.2 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments. The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis within the fair value hierarchy as of December 31, 2021: As of December 31, 2021 Level I Level II Level III Total (dollars in thousands) Assets, at Fair Value Included within investments: U.S. government obligations $ 205,400 $ — $ — $ 205,400 CLOs (1) $ — $ — $ 219,510 $ 219,510 Included within restricted cash of consolidated entities: U.S. government obligations $ 234,601 $ — $ — $ 234,601 Liabilities, at Fair Value Warrants $ — $ — $ 65,287 $ 65,287 Liabilities of consolidated entities: Warrants $ — $ — $ 7,590 $ 7,590 _______________ (1) As of December 31, 2021, investments in CLOs had contractual principal amounts of $205.9 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments. Reconciliation of Fair Value Measurements Categorized within Level III Gains and losses on investments categorized within Level III, excluding those related to investments of consolidated entities and foreign currency translation adjustments, are recorded within net (losses) gains on investments in the consolidated statements of operations. Gains and losses related to foreign currency translation adjustments are recorded in the statements of comprehensive income (loss), and gains and losses related to investment of consolidated entities are recorded within net losses of consolidated entities. Amortization of premium, accretion of discount and foreign exchange gains and losses on non-U.S. dollar investments are also included within gains and losses in the tables below. Changes in fair value of warrant liabilities are included in other loss in the consolidated statements of operations. In the first quarter of 2022, the warrants of the consolidated SPAC began to trade publicly, and as such, were transferred from Level III to Level I. Changes in fair value of warrant liabilities and notes payable of the consolidated entities are included in net losses of consolidated entities in the consolidated statements of operations. The Company elected to measure its investments in CLOs, U.S. government obligations and notes payable of the consolidated fund at fair value through consolidated net (loss) income in order to simplify its accounting for these instruments. The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the three months ended September 30, 2022: June 30, 2022 Transfers In Transfers Out Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2022 (dollars in thousands) Assets, at Fair Value CLOs $ 203,631 $ — $ — $ 248 $ (40) $ (4,143) $ (10,482) $ 189,214 Investments of consolidated entities: Bank Debt $ 40,226 $ — $ (16,296) $ — $ (23,930) $ — $ — $ — Liabilities, at Fair Value Warrants $ 22,211 $ — $ — $ — $ — $ (2,386) $ — $ 24,597 Liabilities of consolidated entities: Notes payable $ 201,985 $ — $ — $ — $ — $ (5,993) $ — $ 207,978 The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the three months ended September 30, 2021: June 30, 2021 Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 219,433 $ 982 $ (286) $ 335 $ (3,928) $ 216,536 Liabilities, at Fair Value Warrants $ 76,002 $ — $ — $ (12,710) $ — $ 88,712 The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the nine months ended September 30, 2022: December 31, 2021 Transfers In Transfers Out Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2022 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 219,510 $ — $ — $ 30,087 $ (12,413) $ (22,931) $ (25,039) $ 189,214 Investments of consolidated entities: Bank Debt $ — $ 3,603 (1) $ (47,258) (1) $ 98,217 $ (51,335) $ (3,227) $ — $ — Liabilities, at Fair Value Warrants $ 65,287 $ — $ — $ — $ — $ 40,690 $ — $ 24,597 Liabilities of consolidated entities: Warrants $ 7,590 $ — $ (3,450) (2) $ — $ — $ 4,140 $ — $ — Notes payable $ — $ — $ — $ 215,733 $ — $ 7,755 $ — $ 207,978 _______________ (1) Transfers into and out of Level III in bank debt include $2.3 million related to the consolidation and $14.0 million related to the subsequent deconsolidation of a fund that the Company manages. (2) Transfers out of Level III into Level I related to warrants of consolidated entities that became publicly traded with available quoted prices during the first quarter of 2022. The following table summarizes the changes in the Company’s Level III financial assets for the nine months ended September 30, 2021: December 31, 2020 Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 205,510 $ 34,276 $ (16,431) $ 2,088 $ (8,907) $ 216,536 Liabilities, at Fair Value Warrants $ 37,827 $ — $ — $ (50,885) $ — $ 88,712 The table below summarizes the net change in unrealized gains and (losses) on the Company’s Level III financial instruments still held as of the reporting date: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ (14,625) $ (3,593) $ (47,970) $ (6,063) Liabilities, at Fair Value Warrants $ (2,386) $ (12,710) $ 40,690 $ (50,885) Liabilities of consolidated entities: Notes payable $ (5,993) $ — $ 7,755 $ — Level II Valuation Techniques Financial instruments classified within Level II of the fair value hierarchy are comprised of bank debt held by the Company’s consolidated structured alternative investment solution. These investments are valued using independent pricing services. There are no unobservable valuation inputs used in determining the fair value of these investments. Level III Valuation Techniques Financial instruments classified within Level III of the fair value hierarchy are comprised of CLOs, warrant liabilities and warrants and notes payable of consolidated entities. Investments in CLOs are valued using independent pricing services. The Company performs procedures over the values provided by the pricing services, as discussed above. Warrant liabilities of the Company are valued by independent pricing services using a Black-Scholes option pricing model, for which the Company’s Class A share price, warrant exercise price, risk free rate, volatility, dividend yield and term to expiry are the primary inputs to the valuation. The are no unobservable quantitative valuation inputs used in determining the fair value of the warrant liabilities. The warrant liabilities of the consolidated SPAC are currently valued using quoted prices. Prior to being transferred to Level I, they were valued by independent pricing services using a Monte Carlo simulation model. As noted above, the warrant liabilities of the consolidated SPAC were transferred from Level III to Level I in the first quarter of 2022. Notes payable of consolidated entities are valued using independent pricing services. The Company measures the financial liabilities of its consolidated entity based on the fair value of the financial assets of the consolidated entity, as the Company believes the fair value of the financial assets is more observable. Refer to Note 2 for additional valuation considerations of the notes payable of consolidated entities. Financial Instruments Not Measured at Fair Value As of September 30, 2022, the Company’s debt obligations had a fair value of $105.2 million and a carrying value of $123.8 million. Management estimates that the carrying value of the Company’s repurchase agreements approximated their fair value as of September 30, 2022. The fair value measurements for the Company’s debt obligations and repurchase agreements are categorized as Level III within the fair value hierarchy and were determined using independent pricing services. Management estimates that the carrying value of the Company’s other financial instruments approximated their fair values as of September 30, 2022. Loans Sold to CLOs Managed by the Company From time to time the Company may sell loans to CLOs managed by the Company. These loans are purchased by the Company in the open market and simultaneously sold for cash to the CLOs. The loans are accounted for as transfers of financial assets as they meet the criteria for derecognition under U.S. GAAP. No loans were sold in each of the nine months ended September 30, 2022 and 2021. The Company invests in senior secured and subordinated notes issued by certain CLOs to which it sold loans in the past. These investments represent retained interests to the Company and are in the form of a 5% vertical strip (i.e., 5% of each of the senior and subordinated tranches of notes issued by each CLO). The retained interests are reported within investments on the Company’s consolidated balance sheet. As of September 30, 2022 and December 31, 2021, the Company’s investments in these retained interests had a fair value of $74.6 million and $87.9 million, respectively. The Company is subject to risks associated with the performance of the underlying collateral and the market yield of the assets. The Company’s risk of loss from retained interest is limited to its investments in these interests. The Company receives quarterly payments of interest and principal, as applicable, on these retained interests. For the nine months ended September 30, 2022 and 2021, the Company received $2.0 million and $2.1 million, respectively, of interest and principal payments related to the retained interests. The Company uses independent pricing services to value its investments in the CLOs, including the retained interests, and therefore the only key assumption is the price provided by such service. A corresponding adverse change of 10% or 20% on price would have a corresponding impact on the fair value of the Company’s investments in CLOs.

Variable Interest Entites

Variable Interest Entites	9 Months Ended
	Sep. 30, 2022
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Determination Methodology and Factors [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES In the ordinary course of business, the Company sponsors the formation of entities that are considered VIEs. In accordance with GAAP consolidation guidance, the Company consolidates certain VIEs for which it is the primary beneficiary either directly or indirectly, through a consolidated entity. See Note 2 in the Company’s Annual Report for a discussion of entities that are VIEs and the evaluation of those entities for consolidation by the Company. The table below presents the assets and liabilities of VIEs consolidated by the Company. September 30, 2022 December 31, 2021 (dollars in thousands) Assets Assets of consolidated entities: Cash and cash equivalents of consolidated entities $ 83 $ — Restricted cash and cash equivalents of consolidated entities 9,882 — Investments of consolidated entities, at fair value 307,826 — Other assets of consolidated entities 11,070 4,339 Total Assets $ 328,861 $ 4,339 Liabilities Liabilities of consolidated entities: Notes payable of consolidated entities $ 207,978 $ — Other liabilities of consolidated entities 6,965 2,603 Total Liabilities $ 214,943 $ 2,603 The assets of consolidated variable interest entities may only be used to settle obligations of these entities and are not available to creditors of the Company. The investors in these consolidated entities have no recourse against the assets of the Company. There is no recourse to the Company for the consolidated VIEs’ liabilities. The Company’s direct involvement with VIEs that are not consolidated is generally limited to providing asset management services and, in certain cases, insignificant investments in the VIEs. The maximum exposure to loss represents the potential loss of current investments or income and fees receivables from these entities, as well as the obligation to repay unearned revenues, primarily incentive income subject to clawback, in the event of any future fund losses, as well as unfunded commitments to certain funds that are VIEs, as discussed in Note 16. The Company does not provide, nor is it required to provide, any type of non-contractual financial or other support to its VIEs that are not consolidated other than its own capital commitments. The table below presents the net assets of unconsolidated VIEs in which the Company has variable interests along with the maximum exposure to loss as a result of the Company’s involvement with non-consolidated VIEs: September 30, 2022 December 31, 2021 (dollars in thousands) Net assets of unconsolidated VIEs in which the Company has a variable interest $ 12,085,220 $ 11,304,196 Maximum risk of loss as a result of the Company’s involvement with VIEs: Unearned income and fees 66,188 62,800 Income and fees receivable 12,343 61,273 Investments 408,255 249,104 Investments of consolidated entities 181,194 — Unfunded commitments (1) 122,630 60,474 Maximum Exposure to Loss $ 790,610 $ 433,651 _______________ (1) Includes commitments from certain employees and executive managing directors in the amounts of $67.8 million and $46.3 million as of September 30, 2022 and December 31, 2021, respectively.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	LEASES The Company has non-cancelable operating leases for its headquarters in New York and its offices in London, Hong Kong, Shanghai, and various other locations and data centers. The Company does not have renewal options for any of its current leases. The Company also subleases a portion of its office space in London and New York through the end of the lease term. In addition, the Company has finance leases for computer hardware. As of September 30, 2022, the Company has pledged collateral related to its lease obligations of $6.2 million, which is included within restricted cash in the consolidated balance sheets. The tables below represent components of lease expense and associated cash flows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Lease Cost Operating lease cost $ 4,628 $ 4,882 $ 13,992 $ 15,215 Short-term lease cost 21 4 75 26 Finance lease cost - amortization of leased assets 113 199 296 596 Finance lease cost - imputed interest on lease liabilities 19 4 23 21 Less: Sublease income (779) (408) (2,413) (1,234) Net Lease Cost $ 4,002 $ 4,681 $ 11,973 $ 14,624 Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Supplemental Lease Cash Flow Information Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 5,140 $ 5,398 $ 15,631 $ 16,563 Operating cash flows for finance leases $ 6 $ — $ 6 $ 1 Finance cash flows for finance leases $ 155 $ 241 $ 318 $ 865 Right-of-use assets obtained in exchange for lease obligations Operating leases $ — $ — $ 1,079 $ 2,893 Finance leases $ 1,016 $ — $ 1,016 $ — September 30, 2022 December 31, 2021 Lease Term and Discount Rate Weighted average remaining lease term Operating leases 7.0 years 7.6 years Finance leases 4.8 years 1.3 years Weighted average discount rate Operating leases 7.8 % 7.8 % Finance leases 7.9 % 6.3 % Operating Finance (dollars in thousands) Maturity of Lease Liabilities - Contractual Payments to be Paid October 1, 2022 to December 31, 2022 $ 5,140 $ — 2023 19,951 228 2024 16,527 228 2025 14,328 228 2026 15,353 228 Thereafter 52,689 228 Total Lease Payments 123,988 1,140 Imputed interest (28,814) (180) Total Lease Liabilities - Contractual Payments to be Paid $ 95,174 $ 960 Operating Leases (dollars in thousands) Sublease Rent - Contractual Payments to be Received October 1, 2022 to December 31, 2022 $ 813 2023 2,963 2024 1,920 2025 1,920 2026 1,920 Thereafter 6,120 Total Sublease Rent - Contractual Payments to be Received $ 15,656

Debt Obligations and Warrants

Debt Obligations and Warrants	9 Months Ended
	Sep. 30, 2022
Debt Instruments [Abstract]
Debt Obligations	DEBT OBLIGATIONS AND WARRANTS 2020 Term Loan CLO Investments Loans Total (dollars in thousands) Maturity of Debt Obligations October 1, 2022 to December 31, 2022 $ — $ — $ — 2023 — 1,938 1,938 2024 — — — 2025 — — — 2026 — — — 2027 95,000 — 95,000 Thereafter — 39,035 39,035 Total Payments 95,000 40,973 135,973 Unamortized discounts & deferred financing costs (11,956) (205) (12,161) Total Debt Obligations $ 83,044 $ 40,768 $ 123,812 2020 Credit Agreement On September 25, 2020, Sculptor Capital LP, as borrower, (the “Borrower”), and certain other subsidiaries of the Company, as guarantors, entered into a credit and guaranty agreement (the “2020 Credit Agreement”), consisting of (i) a senior secured term loan facility in an initial aggregate principal amount of $320.0 million (the “2020 Term Loan”) and (ii) a senior secured revolving credit facility in an initial aggregate principal amount of $25.0 million (the “2020 Revolving Credit Facility”). The proceeds from the 2020 Term Loan were first allocated to the full fair value of the warrants issued in connection with the 2020 Credit Agreement (which establishes both a liability and a debt discount, as described below), and the residual proceeds, net of deferred offering costs and discounts, of $275.8 million was then recognized as the initial carrying value of the 2020 Term Loan. Certain prepayments of the 2020 Term Loan are subject to a prepayment premium (the “Call Premium”) equal to (a) prior to the second anniversary of the Closing Date, a customary “make-whole” premium equal to the present value of all required interest payments that would be due from the date of prepayment through and including the second anniversary of the Closing Date plus a premium of 3.0% of the principal amount of loans prepaid, (b) on or after the second anniversary of the Closing Date but prior to the third anniversary of the Closing Date, a premium of 3.0% of the principal amount of loans prepaid, (c) on or after the third anniversary of the Closing Date but prior to the four anniversary of the Closing Date, a premium of 2.0% of the principal amount of loans prepaid and (d) thereafter, 0%. On June 21, 2021, the Company entered into a letter agreement amending the 2020 Credit Agreement to increase the amount of voluntary prepayments for which the Call Premium shall not apply from $175.0 million to $225.0 million in exchange for an amendment fee of $1.75 million. As such, no Call Premium was due on the first $225.0 million prepaid by the Company. The amendment fee was recorded as an additional discount to the 2020 Term Loan in the second quarter of 2021. In 2021, the Company prepaid $224.4 million of the 2020 Term Loan, resulting in an outstanding balance of $95.0 million, which is due at maturity. The Company recognized a $30.2 million loss on this retirement of debt. As a result of the $175.0 million of aggregate prepayments made through March 31, 2021, the Company is no longer subject to the cash sweep or financial maintenance covenants, other than the covenant requiring $20.0 billion minimum fee-paying Assets Under Management described below. The 2020 Term Loan and the 2020 Revolving Credit Facility mature on the seventh and sixth anniversary, respectively, of the initial funding of the 2020 Term Loan, which occurred on November 13, 2020 (the “Closing Date”). Borrowings under the 2020 Credit Agreement bear interest at a per annum rate equal to, at the Company’s option, one, two, three or six-month LIBOR (subject to a 0.75% floor) plus 6.25%, or a base rate (subject to a 1.75% floor) plus 5.25%. The Borrower is also required to pay an undrawn commitment fee at a rate per annum equal to 0.50% of the undrawn portion of the 2020 Revolving Credit Facility. The 2020 Credit Agreement prohibits the total fee-paying Assets Under Management, subject to certain exclusions, of the Borrower, the guarantors and their consolidated subsidiaries as of the last day of any fiscal quarter to be less than $20.0 billion. The 2020 Credit Agreement contains customary events of default for a transaction of this type, after which obligations under the 2020 Credit Agreement may be declared immediately due and payable and sets forth certain types of bankruptcy or insolvency events of default involving the Borrower, the guarantors or any of the material subsidiaries of the foregoing after which the obligations under the 2020 Credit Agreement become automatically due and payable. The 2020 Credit Agreement also provided the counterparty the right to appoint an individual to a seat on the Company’s Board of Directors. Warrants In connection with the 2020 Credit Agreement, the Company has issued and outstanding warrants to purchase 4,338,015 Class A Shares. The warrants have a 10-year term from the Closing Date and an initial exercise price per share equal to $11.93. The exercise price is subject to reduction by an amount equal to any dividends paid on Class A Shares. As a result, the exercise price was $8.22 per share as of September 30, 2022. The warrants provide for customary adjustments in the event of a stock split, stock dividend, recapitalization or similar event. In lieu of making a cash payment otherwise contemplated upon exercise, the holder may exercise the warrants in whole or in part to receive a net number of Class A Shares. In addition, one of the warrants provides that, upon exercise in whole or in part by the holder, the Company may decide in its sole discretion whether the holder’s exercise of such warrant will be settled by delivery of Class A Shares (which shares may be reduced to a net number of Class A Shares in accordance with the procedure described in the preceding sentence) or by the Company’s payment to the holder of an amount in cash equal to the Black-Scholes value as provided for in the applicable warrant agreement. If the Company undergoes a change of control prior to the expiration date, the holder will have the right to require the Company to repurchase any remaining portion of the warrants not yet exercised at their Black-Scholes value as provided for in the applicable agreement. The warrants restrict transfers and other dispositions for 18 months from the Closing Date, subject to certain exceptions. Debt Obligations of Consolidated Funds Warrants of the Consolidated SPAC At the time of IPO in December 2021, Sculptor Acquisition Corporation I (“SAC I”) issued 11.2 million warrants to the Company and 11.5 million warrants to third parties. The warrants have a 5-year term from the day of the SAC I IPO and an initial exercise price per share equal to $11.50. The warrants are subject to other customary terms common for instruments of this type. The Company eliminates the SPAC warrants it holds in consolidation. As of September 30, 2022, the warrants had fair value of $1.6 million. Notes Payable of a Consolidated Entity In the first quarter of 2022, the Company launched a structured alternative investment solution that it consolidated, which issued notes in the aggregate principal amount of $350.0 million, of which approximately $128.0 million were acquired by the Company and eliminated in consolidation. The notes held by the Company consisted of $20.0 million of Class A, $20.0 million of Class B and $87.8 million of subordinate notes. Changes in the fair value of the notes payable of the structured alternative investment solution are presented within net losses of consolidated entities in the consolidated statements of operations. The fair value of the notes payable as of September 30, 2022, was $208.0 million. The notes payable mature in May 2037. The table below summarizes material terms of the notes payable: Class A Notes Class B Notes Class C Notes Subordinate Notes (1) (dollars in thousands) Type Senior Secured Senior Secured Mezzanine Secured Unsecured Initial principal amount $ 140,000 $ 70,000 $ 35,000 $ 105,000 Initial interest rate 4.25 % 6.00 % 6.75 % N/A Interest rate after step up and effective date (2) 6.25%; May 2028 8.00%; May 2029 9.50%; May 2025 N/A _______________ (1) Subordinate notes do not have stated interest rates or principal entitlement but instead receive net proceeds from excess cash flows remaining after periodic payments have been made to more senior notes and after fees and expenses in accordance with the priority of payments. (2) Interest rate after a one time step up in basis at the indicated effective date. See Note 2 for accounting policies for the notes payables of the consolidated entities. Credit Facility of a Consolidated Entity In the first quarter of 2022, the structured alternative investment vehicle entered into a $52.5 million credit facility which expires March 18, 2025. The credit facility is capped at $20.0 million of the total borrowing capacity per quarter. The facility is subject to a SOFR reference rate, as defined in the agreement, plus 3.00%. The facility is also subject to an annual 1.15% unused commitment fee. As of September 30, 2022, the fund has not drawn on the facility. The credit facility agreement is subject to other customary terms common for instruments of this type. The creditors of the Company’s consolidated entities have no recourse to the Company. CLO Investments Loans The Company entered into loans to finance portions of investments in certain CLOs (collectively, the “CLO Investments Loans”). In general, the Company will make interest payments on the loans at such time interest payments are received on its investments in the CLOs, and will make principal payments on the loans to the extent principal payments are received on its investments in the CLOs, with any remaining balance due upon maturity. The loans are subject to customary events of default and covenants and also include terms that require the Company’s continued involvement with the CLOs. In addition to customary events of default included in financing arrangements of this type, an event of default would also be triggered if there is an event of default at the CLO level. Prior to the relevant CLO’s maturity date, this would include certain material covenant breaches, regulatory and insolvency events for the relevant CLO issuer, as well as a payment default, where the relevant CLO is unable to make interest payments on the senior, non-deferrable interest notes issued by the CLO. The CLO Investments Loans do not have any financial maintenance covenants and are secured by the related investments in CLOs with fair values of $40.1 million and $43.1 million as of September 30, 2022 and December 31, 2021, respectively. Carrying amounts presented in the table below are net of discounts, if any, and unamortized deferred financing costs. The interest rates on the CLO Investments Loans are variable based on LIBOR or EURIBOR (subject to a floor of zero percent). The maturity date for each CLO Investments Loan is the earlier of the final maturity date presented in the table below or the date at which the Company no longer holds a risk retention investment in the respective CLO. Initial Borrowing Date Contractual Rate Contractual Maturity Date Carrying Value September 30, 2022 December 31, 2021 (dollars in thousands) June 7, 2017 LIBOR plus 1.48% November 16, 2029 $ 17,237 $ 17,221 August 2, 2017 LIBOR plus 1.41% January 21, 2030 21,593 21,589 October 21, 2021 EURIBOR plus 0.85% August 29, 2023 — 5,892 January 19, 2022 EURIBOR plus 1.00% December 15, 2023 1,938 — $ 40,768 $ 44,702

Securities Sold under Agreement

Securities Sold under Agreements to Repurchase	9 Months Ended
	Sep. 30, 2022
Transfers and Servicing of Financial Assets [Abstract]
Securities sold under agreements to repurchase	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE The Company has a €200.0 million master credit facility agreement (the “CLO Financing Facility”) to finance portions of the risk retention investments in certain CLOs managed by the Company. Subject to the terms and conditions of the CLO Financing Facility, the Company and the counterparty may enter into repurchase agreements on such terms agreed upon by the parties. Each transaction entered into under the CLO Financing Facility will bear interest at a rate based on the weighted average effective interest rate of each class of securities that have been sold plus a spread to be agreed upon by the parties. As of September 30, 2022, €42.9 million of the CLO Financing Facility remained available. Each transaction entered into under the CLO Financing Facility provides for payment netting and, in the case of a default or similar event with respect to the counterparty to the CLO Financing Facility, provides for netting across transactions. Generally, upon a counterparty default, the Company can terminate all transactions under the CLO Financing Facility and offset amounts it owes in respect of any one transaction against collateral it has received in respect of any other transactions under the CLO Financing Facility; provided, however, that in the case of certain defaults, the Company may only be able to terminate and offset solely with respect to the transaction affected by the default. During the term of a transaction entered into under the CLO Financing Facility, the Company will deliver cash or additional securities acceptable to the counterparty if the securities sold are in default. In addition to customary events of default included in financing arrangements of this type, an event of default would also be triggered if there is an event of default at the CLO level. Prior to the relevant CLO’s maturity date, this would include certain material covenant breaches, regulatory and insolvency events for the relevant CLO issuer, as well as a payment default where the relevant CLO is unable to make interest payments on the senior, non-deferrable interest notes issued by the CLO. Upon termination of a transaction, the Company will repurchase the previously sold securities from the counterparty at a previously determined repurchase price. The CLO Financing Facility may be terminated at any time upon certain defaults or circumstances agreed upon by the parties. The repurchase agreements may result in credit exposure in the event the counterparty to the transaction is unable to fulfill its contractual obligations. The Company minimizes the credit risk associated with these activities by monitoring counterparty credit exposure and collateral values. Other than margin requirements, the Company is not subject to additional terms or contingencies which would expose the Company to additional obligations based upon the performance of the securities pledged as collateral. The table below presents securities sold under agreements to repurchase that are offset, if any, as well as securities transferred to the counterparty related to such transactions (capped so that the net amount presented will not be reduced below zero). No other material financial instruments were subject to master netting agreements or other similar agreements: Securities Sold under Agreements to Repurchase Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts of Liabilities in the Consolidated Balance Sheet Securities Transferred Net Amount (dollars in thousands) As of September 30, 2022 $ 152,883 $ — $ 152,883 $ 140,461 $ 12,422 As of December 31, 2021 $ 156,448 $ — $ 156,448 $ 156,448 $ — The securities sold under agreements to repurchase have a set scheduled maturity date that corresponds to the maturities of the securities sold under such transaction. The table below presents the remaining final contractual maturity of the securities sold to the counterparty under agreement to repurchase by class of collateral pledged: Investments in CLOs Securities Sold under Agreements to Repurchase Overnight and Continuous Up to 30 Days 30-90 Days Greater Than 90 Days Total (dollars in thousands) As of September 30, 2022 $ — $ — $ — $ 152,883 $ 152,883 As of December 31, 2021 $ — $ — $ — $ 156,448 $ 156,448

Other Assets, Net

Other Assets, Net	9 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets, Net	OTHER ASSETS, NET The following table presents the components of other assets, net as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) Fixed Assets: Leasehold improvements $ 47,736 $ 47,797 Computer hardware and software 55,060 55,320 Furniture, fixtures and equipment 8,316 8,013 Accumulated depreciation and amortization (84,896) (83,371) Fixed assets, net 26,216 27,759 Redemption receivable (1) 29,099 — Goodwill 22,691 22,691 Prepaid expenses 10,225 17,095 Other 13,412 9,546 Total Other Assets, Net $ 101,643 $ 77,091 _______________ (1) Represents amounts receivable on a redeemed investment in a fund.

Other Liabilities

Other Liabilities	9 Months Ended
	Sep. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities	OTHER LIABILITIES The following table presents the components of other liabilities as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) Accrued expenses $ 19,266 $ 16,949 Uncertain tax positions 8,250 8,250 Due to funds (1) 3,664 3,017 Unused trade commissions 1,309 1,513 Other 5,364 9,061 Total Other Liabilities $ 37,853 $ 38,790 _______________ (1) To the extent that a fee-paying fund is an investor in another fee-paying fund, the Company rebates a corresponding portion of the management fees charged in the investee fund. Due to funds amounts also reflect certain incentive income and management fee waivers.

Revenues

Revenues	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenues	REVENUES The following table presents management fees and incentive income recognized as revenues for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Management Fees Incentive Income Management Fees Incentive Income (dollars in thousands) Multi-strategy funds $ 33,579 $ 209 $ 39,585 $ 16,394 Credit Opportunistic credit funds 12,001 698 13,141 9,779 Institutional Credit Strategies 11,550 — 14,856 — Real estate funds 9,106 6,659 9,238 858 Total $ 66,236 $ 7,566 $ 76,820 $ 27,031 The following table presents management fees and incentive income recognized as revenues for the nine months ended September 30, 2022 and 2021: Nine Months Ended September 30, 2022 2021 Management Fees Incentive Income Management Fees Incentive Income (dollars in thousands) Multi-strategy funds $ 112,171 $ 329 $ 114,185 $ 97,507 Credit Opportunistic credit funds 37,167 20,603 39,065 22,038 Institutional Credit Strategies 34,941 — 46,360 — Real estate funds 27,164 52,856 27,781 14,834 Total $ 211,443 $ 73,788 $ 227,391 $ 134,379 The following table presents the composition of the Company’s income and fees receivable as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 (dollars in thousands) Management fees $ 25,008 $ 25,520 Incentive income 1,029 168,116 Income and Fees Receivable $ 26,037 $ 193,636 The Company recognizes management fees over the period in which the performance obligation is satisfied. The Company records incentive income when it is probable that a significant reversal of income will not occur. The majority of management fees and incentive income receivable at each balance sheet date is generally collected during the following quarter. The following table presents the Company’s unearned income and fees as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 (dollars in thousands) Management fees $ 750 $ 84 Incentive income 65,438 62,716 Unearned Income and Fees $ 66,188 $ 62,800 A liability for unearned incentive income is generally recognized when the Company receives incentive income distributions from its funds, primarily its real estate funds, whereby the distributions received have not yet met the recognition threshold of being probable that a significant reversal of cumulative revenue will not occur. A liability for unearned management fees is generally recognized when management fees are paid to the Company on a quarterly basis in advance, based on the amount of Assets Under Management at the beginning of the quarter. In the nine months ended September 30, 2022 and 2021, the Company recognized $47.2 million and $9.8 million, respectively, of the beginning balance of unearned incentive income for each respective year. The Company recognized all of the beginning balances of unearned management fees during the respective quarter.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXESThe computation of the effective tax rate and provision at each interim period requires the use of certain estimates and significant judgment including, but not limited to, the expected operating income for the year, projections of the proportion of income earned and taxed in foreign jurisdictions, permanent differences, and the likelihood of recovering deferred tax assets existing as of the balance sheet date. The estimates used to compute the provision for income taxes may change as new events occur, additional information is obtained or as tax laws and regulations change. Accordingly, the effective tax rate for interim periods is not indicative of the tax rate expected for a full year. The following is a reconciliation of the statutory U.S. federal income tax rate to the Company’s effective income tax rate: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Statutory U.S. federal income tax rate 21.00 % 21.00 % 21.00 % 21.00 % (Income) loss passed through to noncontrolling interests -5.78 % 145.73 % -7.67 % -71.48 % Foreign income taxes -4.58 % 81.04 % -4.76 % -114.01 % RSU excess income tax benefit or expense -0.49 % 8.39 % 3.76 % -20.58 % State and local income taxes 0.53 % 81.03 % -7.34 % -53.09 % Nondeductible amortization of Partner Equity Units -2.28 % 31.04 % -9.59 % -54.32 % Foreign tax credits and deductions 0.96 % -17.02 % 1.00 % 23.94 % Change in fair value of warrants -3.83 % 88.53 % 25.74 % -269.42 % Disallowed executive compensation -6.08 % 16.44 % -19.29 % -15.19 % Other, net -0.20 % -7.61 % -0.36 % -0.60 % Effective Income Tax Rate -0.75 % 448.57 % 2.49 % -553.75 % The Company recognizes tax benefits for amounts that are “more likely than not” to be sustained upon examination by tax authorities. For uncertain tax positions in which the benefit to be realized does not meet the “more likely than not” threshold, the Company establishes a liability, which is included within other liabilities in the consolidated balance sheets. As of September 30, 2022 and December 31, 2021, the Company had a liability for unrecognized tax benefits of $8.3 million. As of and for the nine months ended September 30, 2022, the Company did not accrue interest or penalties related to uncertain tax positions. As of September 30, 2022, the Company does not believe that there will be a significant change to the uncertain tax positions during the next 12 months. The Company’s total unrecognized tax benefits if recognized, would affect its tax expense by $4.8 million as of September 30, 2022.

General, Administrative and Oth

General, Administrative and Other	9 Months Ended
	Sep. 30, 2022
Other Income and Expenses [Abstract]
General, Administrative and Other	GENERAL, ADMINISTRATIVE AND OTHER The following table presents the components of general, administrative and other expenses as reported in the consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Occupancy and equipment $ 6,951 $ 9,627 $ 20,941 $ 24,970 Professional services 7,326 4,487 18,967 12,176 Information processing and communications 5,299 6,033 15,500 16,890 Recurring placement and related service fees 4,661 4,696 15,092 14,290 Insurance 2,226 2,281 6,661 6,773 Business development 799 281 2,094 591 Impairment of right-of-use asset — 11,240 — 11,240 Other expenses 1,028 1,027 2,776 5,140 $ 28,290 $ 39,672 $ 82,031 $ 92,070

Earnings (Loss) Per Class A Sha

Earnings (Loss) Per Class A Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Loss per Class A Share	LOSS PER CLASS A SHARE Basic loss per Class A Share is computed by dividing the net loss attributable to Class A Shareholders by the weighted-average number of Class A Shares outstanding for the period. For the three months ended September 30, 2022 and 2021, the Company included 165,379 and 130,528 RSUs respectively, that have vested but have not been settled in Class A Shares in the weighted-average Class A Shares outstanding used to calculate basic and diluted loss per Class A Share. For the nine months ended September 30, 2022 and 2021, the Company included 171,739 and 176,516 RSUs respectively, that have vested but have not been settled in Class A Shares in the weighted-average Class A Shares outstanding used to calculate basic and diluted loss per Class A Share. When calculating dilutive loss per Class A Share, the Company applies the treasury stock method to outstanding warrants, unvested RSUs and RSAs, which are only subject to a service condition. At the Sculptor Operating Group Level, the Company applies the if-converted method to vested Group A Units and vested Group E Units. For unvested Group A Units and unvested Group E Units, the Company applies the treasury stock method first to determine the number of incremental units that would be issuable and then applies the if-converted method to those resulting incremental units. The Company did not include unvested RSAs, Group P Units or PSUs subject to service and market conditions in the calculation of dilutive loss per Class A Share, as the applicable market conditions had not yet been met as of the end of each reporting period presented below. The Company also did not include RSUs which will be settled in cash. The effect of dilutive securities on net loss attributable to Class A Shareholders is presented net of tax. The following tables present the computation of basic and diluted loss per Class A Share: Three Months Ended September 30, 2022 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (22,518) 24,772,098 $ (0.91) Effect of dilutive securities: Group A Units — — 15,025,994 Group E Units — — 13,009,158 RSUs — — 2,565,485 RSAs — — 1,591,507 Warrants — — 4,338,015 Diluted $ (22,518) 24,772,098 $ (0.91) Three Months Ended September 30, 2021 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (4,338) 25,334,903 $ (0.17) Effect of dilutive securities: Group A Units — — 16,019,506 Group E Units — — 13,009,152 RSUs — — 3,289,109 Warrants — — 4,338,015 Diluted $ (4,338) 25,334,903 $ (0.17) Nine Months Ended September 30, 2022 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (13,688) 25,620,996 $ (0.53) Effect of dilutive securities: Group A Units — — 15,025,994 Group E Units — — 13,009,157 RSUs — — 2,560,287 RSAs — — 1,406,538 Warrants (34,190) 1,197,180 — Diluted $ (47,878) 26,818,176 $ (1.79) Nine Months Ended September 30, 2021 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (2,817) 24,743,527 $ (0.11) Effect of dilutive securities: Group A Units (17,720) 16,019,506 — Group E Units — — 13,010,373 RSUs — — 3,463,072 Warrants — — 4,338,015 Diluted $ (20,537) 40,763,033 $ (0.50)

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Due from Related Parties Amounts due from related parties relate primarily to amounts due from the funds for expenses paid on their behalf. These amounts are reimbursed to the Company on an ongoing basis. Certain Amounts Related to Tax Receivable Agreement Liability Amounts due to related parties relate primarily to future payments owed to certain former executive managing directors under the tax receivable agreement, as discussed further in Note 16. The tax receivable agreement liability was $178.8 million as of September 30, 2022, and $67.9 million of the balance was due to related parties. The Company made payments totaling $16.9 million and $7.2 million under the tax receivable agreement (inclusive of interest thereon) in the nine months ended September 30, 2022 and 2021, respectively, of which $7.4 million and $3.9 million were paid to related parties. No payments were made in the three months ended September 30, 2022 and 2021, respectively. Management Fees and Incentive Income Earned from Related Parties and Waived Fees The Company earns substantially all of its management fees and incentive income from the funds, which are considered related parties as the Company manages the operations of and makes investment decisions for these funds. As of September 30, 2022 and December 31, 2021, respectively, approximately $947.6 million and $910.5 million of the Company’s Assets Under Management represented investments by the Company, its executive managing directors, employees and certain other related parties in the Company’s funds. As of September 30, 2022 and December 31, 2021, approximately 46% and 51%, respectively, of these Assets Under Management were not charged management fees or incentive income. The following table presents management fees and incentive income charged on investments held by the Company’s executive managing directors, employees and certain other related parties: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Fees charged on investments held by related parties: Management fees $ 1,243 $ 869 $ 3,392 $ 2,696 Incentive income $ 192 $ 154 $ 1,005 $ 2,307 Commitment to Purchase Interest in BharCap Sponsor LLC. In March 2021, the Company committed to acquire a non-controlling membership interest of BharCap Sponsor LLC, an entity managed by a member of the Company’s Board of Directors, in the amount of $3.0 million out of which $55 thousand was funded and subsequently written-off. As of June 1, 2022, BharCap Acquisition Corp’s registration statement filed with the SEC lapsed and the entity was liquidated. The Company will not be funding any additional amounts in connection with the foregoing commitment. Investment in SPAC In a private placement concurrent with the initial public offering of the SPAC the Company sponsors, SAC I sold warrants to Sculptor Acquisition Sponsor I, LLC, a subsidiary of the Company, for total gross proceeds of $11.2 million. Prior to the completion of a business combination, Sculptor Acquisition Sponsor I, LLC owns the majority of the Class B ordinary shares outstanding of SAC I, and consolidates SAC I under the voting interest model, and therefore the private placement warrants and Class B ordinary shares held by the Company are eliminated upon consolidation. Refer to Note 2 of the Company’s Annual Report for additional details on the SPAC. Investment in Structured Alternative Investment Solution In the first quarter of 2022, the Company closed on a $350.0 million structured alternative investment solution, a collateralized financing vehicle consolidated by the Company. The Company invested approximately $127.8 million in the vehicle. Refer to Notes 2 and 4 for additional details on the structured alternative investment solution.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Tax Receivable Agreement The purchase of Group A Units from current and former executive managing directors and the Ziffs with the proceeds from the 2007 Offerings, and subsequent taxable exchanges by them of Partner Equity Units for Class A Shares on a one-for-one basis (or, at the Company’s option, a cash equivalent), resulted, and, in the case of future exchanges, are anticipated to result, in an increase in the tax basis of the assets of the Sculptor Operating Group that would not otherwise have been available. The Company anticipates that any such tax basis adjustment resulting from an exchange will be allocated principally to certain intangible assets of the Sculptor Operating Group, and the Company will derive its tax benefits principally through amortization of these intangibles over a 15-year period. Consequently, these tax basis adjustments will increase, for tax purposes, the Company’s depreciation and amortization expenses and will therefore reduce the amount of tax that Sculptor Corp and any other future corporate taxpaying entities that acquire Group B Units in connection with an exchange, if any, would otherwise be required to pay in the future. Accordingly, pursuant to the tax receivable agreement, such corporate taxpaying entities (including Sculptor Capital Management, Inc. once it became treated as a corporate taxpayer following the Company’s conversion from a partnership to a corporation for U.S. federal income tax purposes, effective April 1, 2019 (the “Corporate Classification Change”), have agreed to pay the executive managing directors and the Ziffs a percentage of the amount of cash savings, if any, in federal, state and local income taxes in the U.S. that these entities actually realize related to their units as a result of such increases in tax basis. For tax years prior to 2019, such percentage was 85% of such annual cash savings under the tax receivable agreement. In connection with the Recapitalization, the Company amended the tax receivable agreement to provide that, conditioned on Sculptor Capital Management, Inc. electing to be classified as, or converting into, a corporation for U.S. tax purposes, (i) no amounts are due or payable with respect to the 2017 tax year, (ii) only partial payments equal to 85% of the excess of such cash savings that would otherwise be due over 85% of such cash savings determined assuming that taxable income equals Economic Income are due and payable in respect of the 2018 tax year and (iii) the percentage of cash savings required to be paid with respect to the 2019 tax year and thereafter, as well as with respect to cash savings from subsequent exchanges, is reduced to 75%. In connection with the departure of certain former executive managing directors since the 2007 Offerings, the right to receive payments under the tax receivable agreement by those former executive managing directors was contributed to the Sculptor Operating Group. As a result, the Company expects to pay to the other executive managing directors and the Ziffs approximately 69% of the amount of cash savings, if any, in federal, state and local income taxes in the U.S. that the Company realizes as a result of such increases in tax basis with respect to future tax years. To the extent that the Company does not realize any cash savings, it would not be required to make corresponding payments under the tax receivable agreement. The Company recorded its initial estimate of future payments under the tax receivable agreement as a decrease to additional paid-in capital and an increase in the tax receivable agreement liability in the consolidated financial statements. Subsequent adjustments to the liability for future payments under the tax receivable agreement related to changes in estimated future tax rates or state income tax apportionment are recognized through current period earnings in the consolidated statements of operations. The estimate of the timing and the amount of future payments under the tax receivable agreement involves several assumptions that do not account for the significant uncertainties associated with these potential payments, including an assumption that Sculptor Corp will have sufficient taxable income in the relevant tax years to utilize the tax benefits that would give rise to an obligation to make payments. The actual timing and amount of any actual payments under the tax receivable agreement will vary based upon these and a number of other factors. As of September 30, 2022, the estimated future payment under the tax receivable agreement was $178.8 million, which is recorded in the tax receivable agreement liability balance on the consolidated balance sheets. The table below presents management’s estimate as of September 30, 2022, of the maximum amounts that would be payable under the tax receivable agreement assuming that the Company will have sufficient taxable income each year to fully realize the expected tax savings. In light of the numerous factors affecting the Company’s obligation to make such payments, the timing and amounts of any such actual payments may differ materially from those presented in the table. The impact of any net operating losses is included in the “Thereafter” amount in the table below. Potential Payments Under Tax Receivable Agreement (dollars in thousands) October 1, 2022 to December 31, 2022 $ 29,483 2023 3,766 2024 13,175 2025 24,581 2026 34,229 2027 25,425 Thereafter 48,114 Total Payments $ 178,773 Litigation On August 24, 2022, a complaint under Section 220 of Delaware’s general corporation law, which allows shareholders to inspect corporate books and records, was filed by Daniel S. Och, the founder and former Chief Executive Officer (the “Founder”) of Och-Ziff Capital Management LLC and its consolidated subsidiaries (“Och-Ziff”) and four former Och-Ziff executive managing directors. In April 2022, the Founder and the former executive managing directors made a demand to inspect books and records relating to alleged corporate governance concerns in connection with the promotion of James S. Levin to Chief Executive Officer, a new executive compensation plan approved by the Board of Directors in December 2021, and other matters related to the Board’s exercise of its duties. Despite the voluntary production by the Company of extensive documentation in response to that demand, the Founder and the former executive managing directors filed this Section 220 complaint to compel additional production. The Company believes the complaint is without merit and is contesting the proceeding. From time to time, the Company is involved in litigation and claims incidental to the conduct of the Company’s business. The Company is also subject to extensive scrutiny by regulatory agencies globally that have, or may in the future have, regulatory authority over the Company and its business activities. The Company accrues a liability for legal proceedings only when those matters present loss contingencies that it believes are both probable and reasonably estimable. As of September 30, 2022, the Company does not have any potential liability related to any current legal proceeding or claim that would individually, or in the aggregate, materially affect its results of operations, financial position or cash flows. Investment Commitments The Company has unfunded capital commitments of $200.2 million to certain funds it manages, of which $104.7 million relates to commitments of the Company’s consolidated structured alternative investment solution, which do not directly impact the cash flows related to Class A Shareholders. The remaining $95.5 million relates to commitments of the Company to unconsolidated funds. Approximately $67.8 million of the Company’s commitments will be funded by contributions to the Company from certain employees and executive managing directors. The Company expects to fund these commitments over the approximately next six years. The Company has guaranteed these commitments in the event any executive managing director fails to fund any portion when called by the fund. The Company has historically not funded any of these commitments and does not expect to in the future, as these commitments are expected to be funded by the Company’s executive managing directors individually. Other Contingencies In the normal course of business, the Company enters into contracts that provide a variety of general indemnifications. Such contracts include those with certain service providers, brokers and trading counterparties. Any exposure to the Company under these arrangements could involve future claims that may be made against the Company. Currently, no such claims exist or are expected to arise and, accordingly, the Company has not accrued any liability in connection with such indemnifications. Additionally, the Company has agreements with certain of the funds it manages to reimburse certain expenses in excess of an agreed-upon cap. During the nine months ended September 30, 2022 and 2021 these amounts were not material.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	Dividend On November 8, 2022, the Company announced a cash dividend of $0.01 per Class A Share. The dividend is payable on November 28, 2022, to holders of record as of the close of business on November 21, 2022. Share Repurchases

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation These unaudited, interim, consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”), and exclude some of the disclosures required in audited financial statements and therefore should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report. Management believes all adjustments considered necessary for a fair presentation of the Company’s unaudited, interim, consolidated financial statements have been included and are of a normal and recurring nature and that estimates made in preparing unaudited, interim, consolidated financial statements are reasonable and prudent. The consolidated financial statements include the accounts of the Company, its wholly owned or majority owned subsidiaries, the consolidated entities which are considered to be variable interest entities and for which the Company is considered the primary beneficiary, and certain other entities which are not considered variable interest entities but the Company is determined to have control. All significant intercompany transactions and balances have been eliminated in consolidation. The results of operations presented for the interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. For example, incentive income for the majority of the Company’s multi-strategy AUM is recognized in the fourth quarter each year, based on full year investment performance.
Policies of Consolidated Entities	Policies of Consolidated Entities Consolidated Entities For purposes of these consolidated financial statements, “consolidated entities” refers to funds, special purpose entities, investment vehicles and other similar structures which the Company is required to consolidate in accordance with GAAP. The funds are considered investment companies for GAAP purposes. Pursuant to specialized accounting guidance for investment companies and the retention of that guidance in the Company’s consolidated financial statements, the investments held by the consolidated funds are reflected in the consolidated financial statements at their estimated fair values. The policy applied by the Company is that a consolidated entity that is considered an investment company under GAAP will generally consolidate another investment company when it owns substantially all of the interest in that investment company. Income of Consolidated Entities Income of consolidated entities consists of interest income, dividend income and other miscellaneous items. Interest income is recorded on an accrual basis. The consolidated entities may place debt obligations, including bank debt and other participation interests, on non-accrual status and, when necessary, reduce current interest income by charging off any interest receivable when collection of all or a portion of such accrued interest has become doubtful. The balance of non-accrual investments as of September 30, 2022, and the impact of such investments for the three and nine months ended September 30, 2022 were not material. Dividend income is recorded on the ex-dividend date, net of withholding taxes, if applicable. Premiums and discounts are amortized and accreted, respectively, to income of consolidated entities in the consolidated statements of comprehensive income (loss). Expenses of Consolidated Entities Expenses of consolidated entities consist of interest expense, general and administrative and other miscellaneous expenses. Interest expense is recorded on an accrual basis. Certain Assets and Liabilities of Consolidated Entities Investments of consolidated entities are carried at fair value and include the consolidated entities’ investments in securities, investment companies and other investments. Securities transactions are recorded on a trade-date basis. Realized gains and losses on sales of investments of the funds are determined on a specific identification basis and are included within net losses of consolidated entities in the consolidated statements of operations. The fair value of investments held by the consolidated entities is based on observable market prices when available. Such values are generally based on the last reported sales price as of the reporting date. In the absence of readily ascertainable market values, the determination of the fair value of investments held by the consolidated funds may require significant judgment or estimation. For information regarding the valuation of these assets, see Note 4. Assets of the consolidated structured alternative investment solution are presented within investments of consolidated entities, and liabilities due to third parties are presented within notes payable, at fair value within liabilities of consolidated entities in the consolidated balance sheets. Changes in the fair value of the vehicle’s financial assets and liabilities and related interest and other income are presented within net losses of consolidated entities, and ongoing expenses of the fund are presented as expenses of consolidated entities in the consolidated statements of operations. Also included within investments of consolidated entities are U.S. Treasury bills with original maturities of 90 days or more when purchased, which are held in a trust account by the Company’s consolidated SPAC. These investments are restricted for use and may only be used for purposes of completing an initial business combination or redemption of public shares as set forth in the SPAC trust agreement. Consolidation of SPAC, Structured Alternative Investment Solution and Other Funds In 2021, the Company consolidated a SPAC, which it sponsors and continues to consolidate as of September 30, 2022. The SPAC accrues interest income on U.S. Treasury bill investments held in a trust account, and incurs certain operational expenses related to legal, insurance and deal research costs. In the first quarter of 2022, the Company consolidated a fund it manages as a result of an increase in the Company’s investment in the vehicle, which resulted in the Company having a controlling financial interest in the VIE; the fund was subsequently deconsolidated in the first quarter of 2022 as the Company determined it was no longer the primary beneficiary as a result of the Company’s redemption of its economic exposure to the fund. The Company recognized no gain or loss from consolidation and deconsolidation of the fund in the first quarter of 2022. Additionally, in the first quarter of 2022, the Company closed on a $350.0 million structured alternative investment solution. The vehicle is a collateralized financing vehicle that issues senior and subordinated notes to investors and uses those proceeds to invest in a diversified portfolio of funds managed by the Company. Senior and mezzanine notes issued by the vehicle make periodic payments based on a stated interest rate, while the most subordinated notes have no stated interest rate but receive periodic payments from excess cash flows remaining after periodic payments have been made to the other notes and for fees and expenses due, as prescribed by the terms of the notes. The structured alternative investment solution is a variable interest entity (“VIE”) since it lacks sufficient equity at risk to finance its expected activities without additional subordinated financial support from other parties, as it is financed through senior, mezzanine and subordinated notes. The Company consolidates the entity, as it has the power to direct the activities that most significantly impact the vehicle’s economic performance, and the Company has the right to receive benefits or the obligation to absorb losses of the vehicle in the form of its retained interest that could potentially be significant to the vehicle. The Company invested approximately $127.8 million in the vehicle. The collateral assets of the consolidated entity are held solely to satisfy the obligations of the entity, and the investors in the consolidated vehicle have no recourse against the Company for any losses sustained by the entity. The Company measures the financial assets of the consolidated structured alternative investment solution, an investment company, at fair value using net asset value (“NAV”) per share of the underlying funds. The Company may determine, based on its own due diligence and investment procedures, that NAV per share does not represent fair value. In such circumstances, the Company will estimate the fair value in good faith and in a manner that it reasonably chooses, in accordance with the requirements of GAAP. The terms of the investments in underlying funds generally provide for minimum holding or lock-up periods, as well as redemption restrictions. Refer to Note 4 for further disclosures of investments for which fair value is measured using NAV per share. The Company has elected the fair value option for the financial liabilities of the structured alternative investment solution. The Company measures the financial liabilities of its consolidated entity based on the fair value of the financial assets of its consolidated entity, as the Company believes the fair value of the financial assets are more observable. The financial liabilities are measured as (i) the sum of the fair value of the consolidated fund assets less (ii) the sum of the fair value of any beneficial interests retained by the Company. As a result of this measurement alternative, there is no attribution of amounts to noncontrolling interest for consolidated structured alternative investment solution. See Note 2 in the Company’s Annual Report for the complete listing of the Company’s significant accounting policies.
Recently Adopted and Future Adoption of Accounting Pronouncements	Recently Adopted Accounting Pronouncements No changes to GAAP that went into effect in the nine months ended September 30, 2022, had a material effect on the Company’s consolidated financial statements. Future Adoption of Accounting Pronouncements No changes to GAAP that are not yet effective are expected to have a material effect on the Company’s consolidated financial statements.

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Policies)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Investments	The Company invests in U.S. government obligations to manage excess liquidity. CLOs, at fair value, consist of investments in notes of unconsolidated CLOs. These investments are carried at fair value under the irrevocable fair value option election at initial recognition. Changes in fair value are recorded within net (losses) gains on investments in the consolidated statements of operations. Interest income on these investments is accrued using the effective interest method and separately presented from the overall change in fair value and is recognized in other revenue in the consolidated statement of operations. The Company’s equity method investments include investments in funds, which are not consolidated, but in which the Company exerts significant influence, but not control. The Company has not elected the fair value option and accounts for such investments under the equity method. Under the equity method of accounting, the Company recognizes its share of the underlying earnings (losses) from equity method investments within net (losses) gains on investments in the consolidated statements of operations. The carrying amounts of equity method investments are recorded in investments in the consolidated balance sheets. Refer to Note 15 for details of the related party nature of such investments. Investments of consolidated entities include both investments of the Company’s consolidated SPAC, which consists of investments in U.S. Treasury bills held in a trust account, as well as investments held by the Company’s consolidated structured alternative investment solution. The investments of the consolidated structured alternative investment solution that the Company manages are generally measured at fair value using the NAV per share practical expedient. The Company may determine based on its own due diligence and investment procedures, that NAV per share does not represent fair value. In such circumstances, the Company will estimate the fair value in good faith and in a manner that it reasonably chooses in accordance with GAAP. The Company does not categorize investments where fair value is measured using the NAV practical expedient within the fair value hierarchy.
Fair Value Measurement, Policy	Fair Value Disclosures Fair value represents the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date (i.e., an exit price). The Company and the funds it manages hold a variety of investments, certain of which are not publicly traded or that are otherwise illiquid. Significant judgement and estimation go into the assumptions that drive the fair value of these investments. The fair value of these investments may be estimated using a combination of observed transaction prices, prices from third parties (including independent pricing services and relevant broker quotes), models or other valuation methodologies based on pricing inputs that are neither directly nor indirectly market observable. Due to the inherent uncertainty of valuations of investments that are determined to be illiquid or do not have readily ascertainable fair values, the estimates of fair value may differ from the values ultimately realized, and those differences can be material. GAAP establishes a hierarchical disclosure framework that prioritizes and ranks the level of market price observability used in measuring financial instruments at fair value. Market price observability is impacted by a number of factors, including the type and the specific characteristics of the financial instrument, including existence and transparency of transactions between market participants. Financial instruments with readily available actively quoted prices or for which fair value can be measured from actively-quoted prices generally will have a higher degree of market price observability and lesser degree of judgment used in measuring fair value. Financial instruments measured at fair value are classified and disclosed into one of the following categories based on the observability of inputs used in the determination of fair values: • Level I – Quoted prices that are available in active markets for identical financial instruments as of the reporting date. The types of financial instruments that would generally be included in this category are listed equities, U.S. government obligations and listed derivatives. The Company does not adjust the quoted price for these investments. • Level II – Quotations received from dealers making a market for financial instruments (“broker quotes”), valuations obtained from independent third-party pricing services, the use of models or other valuation methodologies based on pricing inputs that are either directly or indirectly observable as of the reporting date. The types of financial instruments that would generally be included in this category are certain corporate bonds and loans, certain credit default swap contracts, certain bank debt securities, certain commercial real estate debt, less liquid equity securities, forward contracts and certain over the-counter (“OTC”) derivatives where the fair value is based on observable inputs. These financial instruments exhibit higher levels of liquid market observability as compared to Level III financial instruments. • Level III – Pricing inputs that are unobservable for the financial instruments and includes situations where there is little, if any, market activity for the financial instrument. The inputs into the determination of fair value of financial instruments in this category may require significant management judgment or estimation. The fair value of these financial instruments may be estimated using a combination of observed transaction prices, independent pricing services, relevant broker quotes, models or other valuation methodologies based on pricing inputs that are neither directly or indirectly market observable (e.g., cash flows, implied yields, EBITDA multiples). The types of financial instruments that would generally be included in this category include CLOs, certain warrant liabilities, certain credit default swap contracts, certain bank debt securities, certain OTC derivatives, asset-backed securities, collateralized debt obligations and investments in affiliated credit funds. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, a financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument when the fair value is based on unobservable inputs. For financial instruments for which the Company uses independent pricing services for valuation, the Company performs analytical procedures and compares independent pricing service valuations to other vendors’ pricing as applicable. The Company also performs due diligence reviews on independent pricing services on an annual basis and performs other due diligence procedures as may be deemed necessary.

Organization (Tables)

Organization (Tables)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Shares and Operating Group Units	The following table presents the number of shares and units of the Registrant and the Sculptor Operating Partnerships, respectively, that were outstanding as of September 30, 2022: As of September 30, 2022 Sculptor Capital Management, Inc. Class A Shares 24,034,767 Class B Shares 33,569,188 Restricted Class A Shares (“RSAs”) 5,203,172 Restricted Share Units (“RSUs”) 2,746,469 Performance-based RSUs (“PSUs”) 1,112,500 Warrants to purchase Class A Shares (Note 7) 4,338,015 Sculptor Operating Partnerships Group A Units 15,025,994 Group A-1 Units 9,244,477 Group B Units 24,034,767 Group E Units 13,009,158 Group P Units 5,348,572

Noncontrolling Interests (Table

Noncontrolling Interests (Tables)	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Calculation of Noncontrolling Interests Attributable to Group A Units	The table below sets forth the calculation of noncontrolling interests related to the Group A Units for each Sculptor Operating Partnership (rounding differences may occur). The blended participation percentages presented below take into account ownership changes throughout the periods presented. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Sculptor Capital LP Net (loss) income $ (9,389) $ 5,081 $ 6,826 $ (22,713) Blended participation percentage 0 % 39 % 0 % 39 % Net (Loss) Income Attributable to Group A Units $ — $ 2,003 $ — $ (8,824) Sculptor Capital Advisors LP Net loss $ (14,398) $ (11,795) $ (15,595) $ (34,989) Blended participation percentage 39 % 39 % 38 % 39 % Net Loss Attributable to Group A Units $ (5,548) $ (4,556) $ (5,999) $ (13,592) Sculptor Capital Advisors II LP Net (loss) income $ (9,800) $ 6,581 $ (29,273) $ 48,164 Blended participation percentage 40 % 0 % 38 % 0 % Net (Loss) Income Attributable to Group A Units $ (3,930) $ — $ (11,261) $ — Total Sculptor Operating Group Net loss $ (33,587) $ (133) $ (38,042) $ (9,538) Blended participation percentage 28 % n/m 45 % 235 % Net Loss Attributable to Group A Units $ (9,478) $ (2,553) $ (17,260) $ (22,416) _______________
Components of Net Loss Attributable to Noncontrolling Interests	The following table presents the components of the net loss attributable to noncontrolling interests: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Group A Units $ (9,478) $ (2,553) $ (17,260) $ (22,416) Other 68 167 1,423 1,639 $ (9,410) $ (2,386) $ (15,837) $ (20,777)
Components of Shareholders' Equity Attributable to Noncontrolling Interests	The following table presents the components of the shareholders’ equity attributable to noncontrolling interests: September 30, 2022 December 31, 2021 (dollars in thousands) Group A Units $ 420,073 $ 431,304 Other 24,487 15,165 $ 444,560 $ 446,469
Redeemable Noncontrolling Interest	The following table presents the activity in redeemable noncontrolling interests in the three and nine months ended September 30, 2022. There were no redeemable noncontrolling interests outstanding during the first nine months of 2021. Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 (dollars in thousands) Beginning balance $ 234,600 $ 234,600 Change in redemption value of Class A Shares of consolidated SPAC (174) (3,939) Comprehensive income 1,492 5,257 Ending Balance $ 235,918 $ 235,918

Investments and Fair Value Di_2

Investments and Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Investments Summary	The following table presents the components of the Company’s investments as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) U.S. government obligations, at fair value $ 79,283 $ 205,400 CLOs, at fair value 189,214 219,510 Equity method investments 93,408 158,712 Total Investments $ 361,905 $ 583,622 Investments of Consolidated Entities $ 543,843 $ —
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share	The following table summarizes the fair value of the investments of the structured alternative investment solution that are measured at NAV by strategy type and ability to redeem such investments as of September 30, 2022. Fund Type (1) Fair Value (as of September 30, 2022) Redemption Frequency (2) Redemption Notice Period (2) (dollars in thousands) Multi-strategy 81,783 Quarterly - Annually 30 days - 90 days Credit 212,940 Monthly - Annually (3) 30 days - 90 days Real estate 7,153 None (4) N/A Total $ 301,876 _______________ (1) The structured alternative investment solution invests in both open-ended and close-ended funds. The investments in each fund may represent investments in a particular tranche of such fund subject to different withdrawal rights. (2) $148.7 million of investments are subject to an initial lock-up period of three years during which time no withdrawals or redemptions are allowed. Once the lock-up period ends, the investments are able to be redeemed with the frequency noted above. (3) 18% of these investments are in closed-end funds which cannot be redeemed, as distributions will be received as the underlying assets are liquidated, which is expected to be approximately six years. (4) 100% of these investments are in closed-end funds which cannot be redeemed, as distributions will be received as the underlying assets are liquidated, which is expected to be approximately seven
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis within the fair value hierarchy as of September 30, 2022: As of September 30, 2022 Level I Level II Level III NAV Total (dollars in thousands) Assets, at Fair Value Included within cash and cash equivalents: U.S. government obligations $ 67,853 $ — $ — $ — $ 67,853 Included within investments: U.S. government obligations $ 79,283 $ — $ — $ — $ 79,283 CLOs (1) $ — $ — $ 189,214 $ — $ 189,214 Included within investments of consolidated entities: U.S. government obligations $ 236,017 $ — $ — $ — $ 236,017 Bank Debt — 5,950 — — 5,950 Investments in funds — — — 301,876 301,876 Investments of Consolidated Entities $ 236,017 $ 5,950 $ — $ 301,876 $ 543,843 Liabilities, at Fair Value Warrants $ — $ — $ 24,597 $ — $ 24,597 Liabilities of consolidated entities: Warrants $ 1,639 $ — $ — $ — $ 1,639 Notes payable $ — $ — $ 207,978 $ — $ 207,978 _______________ (1) As of September 30, 2022, investments in CLOs had contractual principal amounts of $198.2 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments. The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis within the fair value hierarchy as of December 31, 2021: As of December 31, 2021 Level I Level II Level III Total (dollars in thousands) Assets, at Fair Value Included within investments: U.S. government obligations $ 205,400 $ — $ — $ 205,400 CLOs (1) $ — $ — $ 219,510 $ 219,510 Included within restricted cash of consolidated entities: U.S. government obligations $ 234,601 $ — $ — $ 234,601 Liabilities, at Fair Value Warrants $ — $ — $ 65,287 $ 65,287 Liabilities of consolidated entities: Warrants $ — $ — $ 7,590 $ 7,590 _______________ (1) As of December 31, 2021, investments in CLOs had contractual principal amounts of $205.9 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the three months ended September 30, 2022: June 30, 2022 Transfers In Transfers Out Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2022 (dollars in thousands) Assets, at Fair Value CLOs $ 203,631 $ — $ — $ 248 $ (40) $ (4,143) $ (10,482) $ 189,214 Investments of consolidated entities: Bank Debt $ 40,226 $ — $ (16,296) $ — $ (23,930) $ — $ — $ — Liabilities, at Fair Value Warrants $ 22,211 $ — $ — $ — $ — $ (2,386) $ — $ 24,597 Liabilities of consolidated entities: Notes payable $ 201,985 $ — $ — $ — $ — $ (5,993) $ — $ 207,978 The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the three months ended September 30, 2021: June 30, 2021 Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 219,433 $ 982 $ (286) $ 335 $ (3,928) $ 216,536 Liabilities, at Fair Value Warrants $ 76,002 $ — $ — $ (12,710) $ — $ 88,712 The following table summarizes the changes in the Company’s Level III financial assets and liabilities for the nine months ended September 30, 2022: December 31, 2021 Transfers In Transfers Out Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2022 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 219,510 $ — $ — $ 30,087 $ (12,413) $ (22,931) $ (25,039) $ 189,214 Investments of consolidated entities: Bank Debt $ — $ 3,603 (1) $ (47,258) (1) $ 98,217 $ (51,335) $ (3,227) $ — $ — Liabilities, at Fair Value Warrants $ 65,287 $ — $ — $ — $ — $ 40,690 $ — $ 24,597 Liabilities of consolidated entities: Warrants $ 7,590 $ — $ (3,450) (2) $ — $ — $ 4,140 $ — $ — Notes payable $ — $ — $ — $ 215,733 $ — $ 7,755 $ — $ 207,978 _______________ (1) Transfers into and out of Level III in bank debt include $2.3 million related to the consolidation and $14.0 million related to the subsequent deconsolidation of a fund that the Company manages. (2) Transfers out of Level III into Level I related to warrants of consolidated entities that became publicly traded with available quoted prices during the first quarter of 2022. The following table summarizes the changes in the Company’s Level III financial assets for the nine months ended September 30, 2021: December 31, 2020 Purchases / Issuances Investment Sales / Settlements Gains / (Losses) Included in Earnings Gains / (Losses) Included in Other Comprehensive Income September 30, 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ 205,510 $ 34,276 $ (16,431) $ 2,088 $ (8,907) $ 216,536 Liabilities, at Fair Value Warrants $ 37,827 $ — $ — $ (50,885) $ — $ 88,712
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings	The table below summarizes the net change in unrealized gains and (losses) on the Company’s Level III financial instruments still held as of the reporting date: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Assets, at Fair Value Included within investments: CLOs $ (14,625) $ (3,593) $ (47,970) $ (6,063) Liabilities, at Fair Value Warrants $ (2,386) $ (12,710) $ 40,690 $ (50,885) Liabilities of consolidated entities: Notes payable $ (5,993) $ — $ 7,755 $ —

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	9 Months Ended
	Sep. 30, 2022
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure [Abstract]
Variable Interest Entities	The table below presents the assets and liabilities of VIEs consolidated by the Company. September 30, 2022 December 31, 2021 (dollars in thousands) Assets Assets of consolidated entities: Cash and cash equivalents of consolidated entities $ 83 $ — Restricted cash and cash equivalents of consolidated entities 9,882 — Investments of consolidated entities, at fair value 307,826 — Other assets of consolidated entities 11,070 4,339 Total Assets $ 328,861 $ 4,339 Liabilities Liabilities of consolidated entities: Notes payable of consolidated entities $ 207,978 $ — Other liabilities of consolidated entities 6,965 2,603 Total Liabilities $ 214,943 $ 2,603 The table below presents the net assets of unconsolidated VIEs in which the Company has variable interests along with the maximum exposure to loss as a result of the Company’s involvement with non-consolidated VIEs: September 30, 2022 December 31, 2021 (dollars in thousands) Net assets of unconsolidated VIEs in which the Company has a variable interest $ 12,085,220 $ 11,304,196 Maximum risk of loss as a result of the Company’s involvement with VIEs: Unearned income and fees 66,188 62,800 Income and fees receivable 12,343 61,273 Investments 408,255 249,104 Investments of consolidated entities 181,194 — Unfunded commitments (1) 122,630 60,474 Maximum Exposure to Loss $ 790,610 $ 433,651 _______________ (1) Includes commitments from certain employees and executive managing directors in the amounts of $67.8 million and $46.3 million as of September 30, 2022 and December 31, 2021, respectively.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Lease Cost	The tables below represent components of lease expense and associated cash flows: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Lease Cost Operating lease cost $ 4,628 $ 4,882 $ 13,992 $ 15,215 Short-term lease cost 21 4 75 26 Finance lease cost - amortization of leased assets 113 199 296 596 Finance lease cost - imputed interest on lease liabilities 19 4 23 21 Less: Sublease income (779) (408) (2,413) (1,234) Net Lease Cost $ 4,002 $ 4,681 $ 11,973 $ 14,624 Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Supplemental Lease Cash Flow Information Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 5,140 $ 5,398 $ 15,631 $ 16,563 Operating cash flows for finance leases $ 6 $ — $ 6 $ 1 Finance cash flows for finance leases $ 155 $ 241 $ 318 $ 865 Right-of-use assets obtained in exchange for lease obligations Operating leases $ — $ — $ 1,079 $ 2,893 Finance leases $ 1,016 $ — $ 1,016 $ — September 30, 2022 December 31, 2021 Lease Term and Discount Rate Weighted average remaining lease term Operating leases 7.0 years 7.6 years Finance leases 4.8 years 1.3 years Weighted average discount rate Operating leases 7.8 % 7.8 % Finance leases 7.9 % 6.3 %
Maturity of Lease Liabilities	Operating Finance (dollars in thousands) Maturity of Lease Liabilities - Contractual Payments to be Paid October 1, 2022 to December 31, 2022 $ 5,140 $ — 2023 19,951 228 2024 16,527 228 2025 14,328 228 2026 15,353 228 Thereafter 52,689 228 Total Lease Payments 123,988 1,140 Imputed interest (28,814) (180) Total Lease Liabilities - Contractual Payments to be Paid $ 95,174 $ 960
Sublease Rent Payments Receivable	Operating Leases (dollars in thousands) Sublease Rent - Contractual Payments to be Received October 1, 2022 to December 31, 2022 $ 813 2023 2,963 2024 1,920 2025 1,920 2026 1,920 Thereafter 6,120 Total Sublease Rent - Contractual Payments to be Received $ 15,656

Debt Obligations and Warrants (

Debt Obligations and Warrants (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Instruments [Abstract]
Schedule of Maturities of Long-term Debt	2020 Term Loan CLO Investments Loans Total (dollars in thousands) Maturity of Debt Obligations October 1, 2022 to December 31, 2022 $ — $ — $ — 2023 — 1,938 1,938 2024 — — — 2025 — — — 2026 — — — 2027 95,000 — 95,000 Thereafter — 39,035 39,035 Total Payments 95,000 40,973 135,973 Unamortized discounts & deferred financing costs (11,956) (205) (12,161) Total Debt Obligations $ 83,044 $ 40,768 $ 123,812
Notes Payable, Consolidating Funds	The table below summarizes material terms of the notes payable: Class A Notes Class B Notes Class C Notes Subordinate Notes (1) (dollars in thousands) Type Senior Secured Senior Secured Mezzanine Secured Unsecured Initial principal amount $ 140,000 $ 70,000 $ 35,000 $ 105,000 Initial interest rate 4.25 % 6.00 % 6.75 % N/A Interest rate after step up and effective date (2) 6.25%; May 2028 8.00%; May 2029 9.50%; May 2025 N/A _______________ (1) Subordinate notes do not have stated interest rates or principal entitlement but instead receive net proceeds from excess cash flows remaining after periodic payments have been made to more senior notes and after fees and expenses in accordance with the priority of payments. (2) Interest rate after a one time step up in basis at the indicated effective date.
CLO Investments Loans Table	Carrying amounts presented in the table below are net of discounts, if any, and unamortized deferred financing costs. The interest rates on the CLO Investments Loans are variable based on LIBOR or EURIBOR (subject to a floor of zero percent). The maturity date for each CLO Investments Loan is the earlier of the final maturity date presented in the table below or the date at which the Company no longer holds a risk retention investment in the respective CLO. Initial Borrowing Date Contractual Rate Contractual Maturity Date Carrying Value September 30, 2022 December 31, 2021 (dollars in thousands) June 7, 2017 LIBOR plus 1.48% November 16, 2029 $ 17,237 $ 17,221 August 2, 2017 LIBOR plus 1.41% January 21, 2030 21,593 21,589 October 21, 2021 EURIBOR plus 0.85% August 29, 2023 — 5,892 January 19, 2022 EURIBOR plus 1.00% December 15, 2023 1,938 — $ 40,768 $ 44,702

Securities Sold under Agreeme_2

Securities Sold under Agreements to Repurchase (Tables)	9 Months Ended
	Sep. 30, 2022
Transfers and Servicing of Financial Assets [Abstract]
Schedule of Repurchase Agreements Offsetting Disclosures	The table below presents securities sold under agreements to repurchase that are offset, if any, as well as securities transferred to the counterparty related to such transactions (capped so that the net amount presented will not be reduced below zero). No other material financial instruments were subject to master netting agreements or other similar agreements: Securities Sold under Agreements to Repurchase Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheet Net Amounts of Liabilities in the Consolidated Balance Sheet Securities Transferred Net Amount (dollars in thousands) As of September 30, 2022 $ 152,883 $ — $ 152,883 $ 140,461 $ 12,422 As of December 31, 2021 $ 156,448 $ — $ 156,448 $ 156,448 $ —
Schedule of Remaining Contractual Maturity of Repurchase Agreements	The securities sold under agreements to repurchase have a set scheduled maturity date that corresponds to the maturities of the securities sold under such transaction. The table below presents the remaining final contractual maturity of the securities sold to the counterparty under agreement to repurchase by class of collateral pledged: Investments in CLOs Securities Sold under Agreements to Repurchase Overnight and Continuous Up to 30 Days 30-90 Days Greater Than 90 Days Total (dollars in thousands) As of September 30, 2022 $ — $ — $ — $ 152,883 $ 152,883 As of December 31, 2021 $ — $ — $ — $ 156,448 $ 156,448

Other Assets, Net (Tables)

Other Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Components of Other Assets	The following table presents the components of other assets, net as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) Fixed Assets: Leasehold improvements $ 47,736 $ 47,797 Computer hardware and software 55,060 55,320 Furniture, fixtures and equipment 8,316 8,013 Accumulated depreciation and amortization (84,896) (83,371) Fixed assets, net 26,216 27,759 Redemption receivable (1) 29,099 — Goodwill 22,691 22,691 Prepaid expenses 10,225 17,095 Other 13,412 9,546 Total Other Assets, Net $ 101,643 $ 77,091 _______________ (1) Represents amounts receivable on a redeemed investment in a fund.

Other Liabilities (Tables)

Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Other Liabilities Disclosure [Abstract]
Components of Other Liabilities	The following table presents the components of other liabilities as reported in the consolidated balance sheets: September 30, 2022 December 31, 2021 (dollars in thousands) Accrued expenses $ 19,266 $ 16,949 Uncertain tax positions 8,250 8,250 Due to funds (1) 3,664 3,017 Unused trade commissions 1,309 1,513 Other 5,364 9,061 Total Other Liabilities $ 37,853 $ 38,790 _______________ (1) To the extent that a fee-paying fund is an investor in another fee-paying fund, the Company rebates a corresponding portion of the management fees charged in the investee fund. Due to funds amounts also reflect certain incentive income and management fee waivers.

Revenues (Tables)

Revenues (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Management Fees and Incentive Income Recognized	The following table presents management fees and incentive income recognized as revenues for the three months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 2021 Management Fees Incentive Income Management Fees Incentive Income (dollars in thousands) Multi-strategy funds $ 33,579 $ 209 $ 39,585 $ 16,394 Credit Opportunistic credit funds 12,001 698 13,141 9,779 Institutional Credit Strategies 11,550 — 14,856 — Real estate funds 9,106 6,659 9,238 858 Total $ 66,236 $ 7,566 $ 76,820 $ 27,031 The following table presents management fees and incentive income recognized as revenues for the nine months ended September 30, 2022 and 2021: Nine Months Ended September 30, 2022 2021 Management Fees Incentive Income Management Fees Incentive Income (dollars in thousands) Multi-strategy funds $ 112,171 $ 329 $ 114,185 $ 97,507 Credit Opportunistic credit funds 37,167 20,603 39,065 22,038 Institutional Credit Strategies 34,941 — 46,360 — Real estate funds 27,164 52,856 27,781 14,834 Total $ 211,443 $ 73,788 $ 227,391 $ 134,379
Income and Fees Receivable	The following table presents the composition of the Company’s income and fees receivable as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 (dollars in thousands) Management fees $ 25,008 $ 25,520 Incentive income 1,029 168,116 Income and Fees Receivable $ 26,037 $ 193,636
Unearned Income and Fees	The following table presents the Company’s unearned income and fees as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 (dollars in thousands) Management fees $ 750 $ 84 Incentive income 65,438 62,716 Unearned Income and Fees $ 66,188 $ 62,800

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	The following is a reconciliation of the statutory U.S. federal income tax rate to the Company’s effective income tax rate: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Statutory U.S. federal income tax rate 21.00 % 21.00 % 21.00 % 21.00 % (Income) loss passed through to noncontrolling interests -5.78 % 145.73 % -7.67 % -71.48 % Foreign income taxes -4.58 % 81.04 % -4.76 % -114.01 % RSU excess income tax benefit or expense -0.49 % 8.39 % 3.76 % -20.58 % State and local income taxes 0.53 % 81.03 % -7.34 % -53.09 % Nondeductible amortization of Partner Equity Units -2.28 % 31.04 % -9.59 % -54.32 % Foreign tax credits and deductions 0.96 % -17.02 % 1.00 % 23.94 % Change in fair value of warrants -3.83 % 88.53 % 25.74 % -269.42 % Disallowed executive compensation -6.08 % 16.44 % -19.29 % -15.19 % Other, net -0.20 % -7.61 % -0.36 % -0.60 % Effective Income Tax Rate -0.75 % 448.57 % 2.49 % -553.75 %

General, Administrative and O_2

General, Administrative and Other (Tables)	9 Months Ended
	Sep. 30, 2022
Other Income and Expenses [Abstract]
Components of General, Administrative and Other Expenses	The following table presents the components of general, administrative and other expenses as reported in the consolidated statements of operations: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Occupancy and equipment $ 6,951 $ 9,627 $ 20,941 $ 24,970 Professional services 7,326 4,487 18,967 12,176 Information processing and communications 5,299 6,033 15,500 16,890 Recurring placement and related service fees 4,661 4,696 15,092 14,290 Insurance 2,226 2,281 6,661 6,773 Business development 799 281 2,094 591 Impairment of right-of-use asset — 11,240 — 11,240 Other expenses 1,028 1,027 2,776 5,140 $ 28,290 $ 39,672 $ 82,031 $ 92,070

Earnings (Loss) Per Class A S_2

Earnings (Loss) Per Class A Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings (Loss) Per Class A Share	The following tables present the computation of basic and diluted loss per Class A Share: Three Months Ended September 30, 2022 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (22,518) 24,772,098 $ (0.91) Effect of dilutive securities: Group A Units — — 15,025,994 Group E Units — — 13,009,158 RSUs — — 2,565,485 RSAs — — 1,591,507 Warrants — — 4,338,015 Diluted $ (22,518) 24,772,098 $ (0.91) Three Months Ended September 30, 2021 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (4,338) 25,334,903 $ (0.17) Effect of dilutive securities: Group A Units — — 16,019,506 Group E Units — — 13,009,152 RSUs — — 3,289,109 Warrants — — 4,338,015 Diluted $ (4,338) 25,334,903 $ (0.17) Nine Months Ended September 30, 2022 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (13,688) 25,620,996 $ (0.53) Effect of dilutive securities: Group A Units — — 15,025,994 Group E Units — — 13,009,157 RSUs — — 2,560,287 RSAs — — 1,406,538 Warrants (34,190) 1,197,180 — Diluted $ (47,878) 26,818,176 $ (1.79) Nine Months Ended September 30, 2021 Net Loss Attributable to Class A Shareholders Weighted- Average Class A Shares Outstanding Loss Per Class A Share Number of Antidilutive Units and Warrants Excluded from Diluted Calculation (dollars in thousands, except per share amounts) Basic $ (2,817) 24,743,527 $ (0.11) Effect of dilutive securities: Group A Units (17,720) 16,019,506 — Group E Units — — 13,010,373 RSUs — — 3,463,072 Warrants — — 4,338,015 Diluted $ (20,537) 40,763,033 $ (0.50)

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Management Fees and Incentive Income Earned from Related Parties	The following table presents management fees and incentive income charged on investments held by the Company’s executive managing directors, employees and certain other related parties: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (dollars in thousands) Fees charged on investments held by related parties: Management fees $ 1,243 $ 869 $ 3,392 $ 2,696 Incentive income $ 192 $ 154 $ 1,005 $ 2,307

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Estimated Future Maximum Payments Under Tax Receivable Agreement	The table below presents management’s estimate as of September 30, 2022, of the maximum amounts that would be payable under the tax receivable agreement assuming that the Company will have sufficient taxable income each year to fully realize the expected tax savings. In light of the numerous factors affecting the Company’s obligation to make such payments, the timing and amounts of any such actual payments may differ materially from those presented in the table. The impact of any net operating losses is included in the “Thereafter” amount in the table below. Potential Payments Under Tax Receivable Agreement (dollars in thousands) October 1, 2022 to December 31, 2022 $ 29,483 2023 3,766 2024 13,175 2025 24,581 2026 34,229 2027 25,425 Thereafter 48,114 Total Payments $ 178,773

Organization - Additional Infor

Organization - Additional Information (Detail) $ in Thousands		3 Months Ended	9 Months Ended
	Feb. 07, 2019	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Ratio of Group A Units Recapitalized as Group A Units	0.65
Ratio of Group A Units Recapitalized as Group A-1 Units	0.35
Stock Repurchase Program, Authorized Amount		$ 100,000	$ 100,000
Stock Repurchased During Period, Value		8,749	28,258
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 71,800	$ 71,800

Organization - Schedule of Shar

Organization - Schedule of Shares and Operating Group Units (Detail) - shares	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Class of Stock
Warrants outstanding	4,338,015
Class A Shares
Class of Stock
Common stock and operating group units outstanding	24,034,767	24,885,028	25,668,987	25,216,856	25,101,187	22,903,571
Treasury Stock, Shares	2,577,605
Class B Shares
Class of Stock
Common stock and operating group units outstanding	33,569,188	33,633,474	33,613,023	32,887,882	32,887,882	32,824,538
Restricted Class A Shares (“RSAs”)
Class of Stock
Common stock and operating group units outstanding	5,203,172
Restricted Share Units (“RSUs”)
Class of Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	2,746,469
Performance-based RSUs (“PSUs”)
Class of Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,112,500
Group A Units
Class of Stock
Common stock and operating group units outstanding	15,025,994
Group A-1 Units
Class of Stock
Common stock and operating group units outstanding	9,244,477
Group B Units
Class of Stock
Common stock and operating group units outstanding	24,034,767
Group E Units
Class of Stock
Common stock and operating group units outstanding	13,009,158
Group P Units
Class of Stock
Common stock and operating group units outstanding	5,348,572

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounting Policies [Line Items]
Notes payable, at fair value	$ 207,978	$ 0
Investments	361,905	$ 583,622
Structured Alternative Investment Solution
Accounting Policies [Line Items]
Notes payable, at fair value	350,000
Investments	$ 127,800

Noncontrolling Interest - Addit

Noncontrolling Interest - Additional Information (Details)	Sep. 30, 2022	Sep. 30, 2021
Sculptor Operating Group | Sculptor Capital Management, Inc
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	46.20%	46.50%

Noncontrolling Interests - Calc

Noncontrolling Interests - Calculation of Noncontrolling Interests Attributable to Group A Units (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Noncontrolling Interest [Line Items]
Net Income (Loss)	$ (22,692)	$ (4,338)	$ (17,627)	$ (2,817)
Net Income (Loss) Attributable to Noncontrolling Interests	(9,410)	(2,386)	(15,837)	(20,777)
Sculptor Capital LP
Noncontrolling Interest [Line Items]
Net Income (Loss)	(9,389)	5,081	6,826	(22,713)
Sculptor Advisors LP
Noncontrolling Interest [Line Items]
Net Income (Loss)	(14,398)	(11,795)	(15,595)	(34,989)
Sculptor Advisors II LP
Noncontrolling Interest [Line Items]
Net Income (Loss)	(9,800)	6,581	(29,273)	48,164
Sculptor Operating Group
Noncontrolling Interest [Line Items]
Net Income (Loss)	(33,587)	(133)	(38,042)	(9,538)
Group A Units
Noncontrolling Interest [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interests	$ (9,478)	$ (2,553)	$ (17,260)	$ (22,416)
Group A Units | Sculptor Capital LP
Noncontrolling Interest [Line Items]
Blended Participation Percentage	0%	39%	0%	39%
Net Income (Loss) Attributable to Noncontrolling Interests	$ 0	$ 2,003	$ 0	$ (8,824)
Group A Units | Sculptor Advisors LP
Noncontrolling Interest [Line Items]
Blended Participation Percentage	39%	39%	38%	39%
Net Income (Loss) Attributable to Noncontrolling Interests	$ (5,548)	$ (4,556)	$ (5,999)	$ (13,592)
Group A Units | Sculptor Advisors II LP
Noncontrolling Interest [Line Items]
Blended Participation Percentage	40%	0%	38%	0%
Net Income (Loss) Attributable to Noncontrolling Interests	$ (3,930)	$ 0	$ (11,261)	$ 0
Group A Units | Sculptor Operating Group
Noncontrolling Interest [Line Items]
Blended Participation Percentage	28%		45%	235%
Net Income (Loss) Attributable to Noncontrolling Interests	$ (9,478)	$ (2,553)	$ (17,260)	$ (22,416)

Noncontrolling Interests - Comp

Noncontrolling Interests - Components of Net Loss Attributable to Noncontrolling Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Noncontrolling Interest [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interests	$ (9,410)	$ (2,386)	$ (15,837)	$ (20,777)
Group A Units
Noncontrolling Interest [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interests	(9,478)	(2,553)	(17,260)	(22,416)
Other
Noncontrolling Interest [Line Items]
Net Income (Loss) Attributable to Noncontrolling Interests	$ 68	$ 167	$ 1,423	$ 1,639

Noncontrolling Interests - Co_2

Noncontrolling Interests - Components of Shareholders' Equity Attributable to Noncontrolling Interests (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Noncontrolling Interest [Line Items]
Shareholders’ equity attributable to noncontrolling interests	$ 444,560	$ 446,469
Group A Units
Noncontrolling Interest [Line Items]
Shareholders’ equity attributable to noncontrolling interests	420,073	431,304
Other
Noncontrolling Interest [Line Items]
Shareholders’ equity attributable to noncontrolling interests	$ 24,487	$ 15,165

Noncontrolling Interests - Rede

Noncontrolling Interests - Redeemable Noncontrolling Interest (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Increase (Decrease) in Redeemable Noncontrolling Interest [Roll Forward]
Redeemable Noncontrolling Interests			$ 234,600
Comprehensive income	$ 1,492	$ 0	5,257	$ 0
Redeemable Noncontrolling Interests	235,918		235,918
SPAC
Increase (Decrease) in Redeemable Noncontrolling Interest [Roll Forward]
Redeemable Noncontrolling Interests	234,600		234,600
Change in redemption value of Class A Shares of consolidated SPAC	(174)		(3,939)
Comprehensive income	1,492		5,257
Redeemable Noncontrolling Interests	$ 235,918		$ 235,918

Investments and Fair Value Di_3

Investments and Fair Value Disclosures - Schedule of Investments (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
U.S. government obligations, at fair value	$ 79,283	$ 205,400
CLOs, at fair value	189,214	219,510
Equity method investments	93,408	158,712
Total Investments	361,905	583,622
Investments of Consolidated Entities	$ 543,843	$ 0

Investments and Fair Value Di_4

Investments and Fair Value Disclosures - Fair Value Option (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Investments Measured at NAV	$ 301,876
Lock Up Period of Certain Investments Measured At NAV	3 years
Investments Measured At NAV Subject To Initial Lock Up Period	$ 148,700
Unfunded Commitments Of Structured Alternative Investment Solution Into Investments Measured At NAV	104,700
Multi-strategy
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Investments Measured at NAV	81,783
Opportunistic credit funds
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Investments Measured at NAV	$ 212,940
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Redemption Restriction, Percentage	18%
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Redemption Restriction Period	6 years
Real estate
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Investments Measured at NAV	$ 7,153
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Redemption Restriction, Percentage	100%
Minimum | Multi-strategy
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Redemption Notice Period	30 days
Redemption Frequency	Quarterly
Minimum | Opportunistic credit funds
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Redemption Notice Period	30 days
Redemption Frequency	Monthly
Minimum | Real estate
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Redemption Restriction Period	7 years
Maximum | Multi-strategy
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Redemption Notice Period	90 days
Redemption Frequency	Annually
Maximum | Opportunistic credit funds
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Redemption Notice Period	90 days
Redemption Frequency	Annually
Maximum | Real estate
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Redemption Restriction Period	9 years

Investments and Fair Value Di_5

Investments and Fair Value Disclosures - Schedule of Investments Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Included within investments:
U.S. government obligations		$ 79,283	$ 205,400
CLOs, at fair value		189,214	219,510
Restricted cash and cash equivalents of consolidated entities		9,882	234,601	$ 0
Included within investments of consolidated entities:
U.S. government obligations		79,283	205,400
Investments of Consolidated Entities		543,843	0
Liabilities, at Fair Value
Warrant liabilities, at fair value		24,597	65,287
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		1,639	7,590
Notes payable, at fair value		207,978	0
Structured Alternative Investment Solution
Included within investments:
U.S. government obligations		236,017
Included within investments of consolidated entities:
U.S. government obligations		236,017
Bank Debt		5,950
Liabilities, at Fair Value
Notes payable, at fair value		350,000
CLOs
Liabilities, at Fair Value
Contractual principal on investments in CLOs		198,200	205,900
Fair Value, Measurements, Recurring
Included within cash and cash equivalents:
U.S. government obligations		67,853
Included within investments:
U.S. government obligations		79,283
CLOs, at fair value	[1]		219,510
Included within investments of consolidated entities:
U.S. government obligations		79,283
Liabilities, at Fair Value
Warrant liabilities, at fair value		24,597	65,287
Fair Value, Measurements, Recurring | SPAC
Included within investments:
Restricted cash and cash equivalents of consolidated entities			234,601
Liabilities, at Fair Value
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		1,639	7,590
Fair Value, Measurements, Recurring | Structured Alternative Investment Solution
Included within investments of consolidated entities:
Investments in funds		301,876
Investments of Consolidated Entities		543,843
Liabilities, at Fair Value
Notes payable, at fair value		207,978
Fair Value, Measurements, Recurring | CLOs
Included within investments:
U.S. government obligations			205,400
CLOs, at fair value	[2]	189,214
Included within investments of consolidated entities:
U.S. government obligations			205,400
Fair Value, Measurements, Recurring | Level I
Included within cash and cash equivalents:
U.S. government obligations		67,853
Included within investments:
U.S. government obligations		79,283
CLOs, at fair value	[1]		0
Included within investments of consolidated entities:
U.S. government obligations		79,283
Liabilities, at Fair Value
Warrant liabilities, at fair value		0	0
Fair Value, Measurements, Recurring | Level I | SPAC
Included within investments:
Restricted cash and cash equivalents of consolidated entities			234,601
Liabilities, at Fair Value
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		1,639	0
Fair Value, Measurements, Recurring | Level I | Structured Alternative Investment Solution
Included within investments:
U.S. government obligations		236,017
Included within investments of consolidated entities:
U.S. government obligations		236,017
Bank Debt		0
Investments in funds		0
Investments of Consolidated Entities		236,017
Liabilities, at Fair Value
Notes payable, at fair value		0
Fair Value, Measurements, Recurring | Level I | CLOs
Included within investments:
U.S. government obligations			205,400
CLOs, at fair value	[2]	0
Included within investments of consolidated entities:
U.S. government obligations			205,400
Fair Value, Measurements, Recurring | Level II
Included within cash and cash equivalents:
U.S. government obligations		0
Included within investments:
U.S. government obligations		0
CLOs, at fair value	[1]		0
Included within investments of consolidated entities:
U.S. government obligations		0
Liabilities, at Fair Value
Warrant liabilities, at fair value		0	0
Fair Value, Measurements, Recurring | Level II | SPAC
Included within investments:
Restricted cash and cash equivalents of consolidated entities			0
Liabilities, at Fair Value
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		0	0
Fair Value, Measurements, Recurring | Level II | Structured Alternative Investment Solution
Included within investments:
U.S. government obligations		0
Included within investments of consolidated entities:
U.S. government obligations		0
Bank Debt		5,950
Investments in funds		0
Investments of Consolidated Entities		5,950
Liabilities, at Fair Value
Notes payable, at fair value		0
Fair Value, Measurements, Recurring | Level II | CLOs
Included within investments:
U.S. government obligations			0
CLOs, at fair value	[2]	0
Included within investments of consolidated entities:
U.S. government obligations			0
Fair Value, Measurements, Recurring | Level III
Included within cash and cash equivalents:
U.S. government obligations		0
Included within investments:
U.S. government obligations		0
CLOs, at fair value	[1]		219,510
Included within investments of consolidated entities:
U.S. government obligations		0
Liabilities, at Fair Value
Warrant liabilities, at fair value		24,597	65,287
Fair Value, Measurements, Recurring | Level III | SPAC
Included within investments:
Restricted cash and cash equivalents of consolidated entities			0
Liabilities, at Fair Value
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		0	7,590
Fair Value, Measurements, Recurring | Level III | Structured Alternative Investment Solution
Included within investments:
U.S. government obligations		0
Included within investments of consolidated entities:
U.S. government obligations		0
Bank Debt		0
Investments in funds		0
Investments of Consolidated Entities		0
Liabilities, at Fair Value
Notes payable, at fair value		207,978
Fair Value, Measurements, Recurring | Level III | CLOs
Included within investments:
U.S. government obligations			0
CLOs, at fair value	[2]	189,214
Included within investments of consolidated entities:
U.S. government obligations			$ 0
Fair Value, Measurements, Recurring | NAV
Included within cash and cash equivalents:
U.S. government obligations		0
Included within investments:
U.S. government obligations		0
Included within investments of consolidated entities:
U.S. government obligations		0
Liabilities, at Fair Value
Warrant liabilities, at fair value		0
Fair Value, Measurements, Recurring | NAV | SPAC
Liabilities, at Fair Value
Warrant Liabilities, At Fair Value, Of Consolidated SPAC		0
Fair Value, Measurements, Recurring | NAV | Structured Alternative Investment Solution
Included within investments:
U.S. government obligations		0
Included within investments of consolidated entities:
U.S. government obligations		0
Bank Debt		0
Investments in funds		301,876
Investments of Consolidated Entities		301,876
Liabilities, at Fair Value
Notes payable, at fair value		0
Fair Value, Measurements, Recurring | NAV | CLOs
Included within investments:
CLOs, at fair value		$ 0
[1]As of December 31, 2021, investments in CLOs had contractual principal amounts of $205.9 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments[2]As of September 30, 2022, investments in CLOs had contractual principal amounts of $198.2 million outstanding, which excludes the Company’s investments in subordinated tranches of the notes, as these do not have contractual principal payments

Investments and Fair Value Di_6

Investments and Fair Value Disclosures - Schedule of Changes in Company's Level III Investments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Structured Alternative Investment Solution
Liabilities, at Fair Value
Transfers In	$ 0
Transfers Out	0
Purchases / Issuances	0
Investment Sales / Settlements	0
Gains / (Losses) Included in Earnings	(5,993)
Gains / (Losses) Included in Other Comprehensive Income	0
Warrants
Liabilities, at Fair Value
Beginning balance, Liability				$ 37,827
Purchases / Issuances				0
Investment Sales / Settlements				0
Gains / (Losses) Included in Earnings				(50,885)
Gains / (Losses) Included in Other Comprehensive Income				0
Ending balance, Liability		$ 88,712		88,712
Warrants | Management Company
Liabilities, at Fair Value
Beginning balance, Liability	22,211	76,002	$ 65,287
Transfers In	0		0
Transfers Out	0		0
Purchases / Issuances	0	0	0
Investment Sales / Settlements	0	0	0
Gains / (Losses) Included in Earnings	(2,386)	(12,710)	40,690
Gains / (Losses) Included in Other Comprehensive Income	0	0	0
Ending balance, Liability	24,597	88,712	24,597	88,712
Warrants | SPAC
Liabilities, at Fair Value
Beginning balance, Liability			7,590
Transfers In			0
Transfers Out			(3,450)
Purchases / Issuances			0
Investment Sales / Settlements			0
Gains / (Losses) Included in Earnings			4,140
Gains / (Losses) Included in Other Comprehensive Income			0
Ending balance, Liability	0		0
Notes Payable, Other Payables | Structured Alternative Investment Solution
Liabilities, at Fair Value
Beginning balance, Liability	201,985		0
Transfers In			0
Transfers Out			0
Purchases / Issuances			215,733
Investment Sales / Settlements			0
Gains / (Losses) Included in Earnings			7,755
Gains / (Losses) Included in Other Comprehensive Income			0
Ending balance, Liability	207,978		207,978
CLOs | Management Company
Assets, at Fair Value
Beginning balance, Asset	203,631	219,433	219,510	205,510
Transfers In	0		0
Transfers Out	0		0
Purchases / Issuances	248	982	30,087	34,276
Investment Sales / Settlements	(40)	(286)	(12,413)	(16,431)
Gains / (Losses) Included in Earnings	(4,143)	335	(22,931)	2,088
Gains / (Losses) Included in Other Comprehensive Income	(10,482)	(3,928)	(25,039)	(8,907)
Ending balance, Asset	189,214	$ 216,536	189,214	$ 216,536
Bank Debt | Consolidated Entities
Assets, at Fair Value
Beginning balance, Asset			0
Transfers In			3,603
Transfers Out			(47,258)
Purchases / Issuances			98,217
Investment Sales / Settlements			(51,335)
Gains / (Losses) Included in Earnings			(3,227)
Gains / (Losses) Included in Other Comprehensive Income			0
Ending balance, Asset	0		0
Liabilities, at Fair Value
Transfers Into Level 3 As A Result of Consolidation			2,300
Transfers Out Of Level 3 As A Result of Deconsolidation			14,000
Bank Debt | Structured Alternative Investment Solution
Assets, at Fair Value
Beginning balance, Asset	40,226
Transfers In	0
Transfers Out	(16,296)
Purchases / Issuances	0
Investment Sales / Settlements	(23,930)
Gains / (Losses) Included in Earnings	0
Gains / (Losses) Included in Other Comprehensive Income	0
Ending balance, Asset	$ 0		$ 0

Investments and Fair Value Di_7

Investments and Fair Value Disclosures - Schedule of Net Unrealized Gains (Losses) on Company's Level III Assets and Liabilities (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Warrants | Management company related
Liabilities, at Fair Value
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss)	$ (2,386)	$ (12,710)	$ 40,690	$ (50,885)
Notes payable | Structured Alternative Investment Solution
Liabilities, at Fair Value
Fair Value, Asset (Liability), Recurring Basis, Still Held, Unrealized Gain (Loss)	(5,993)	0	7,755	0
CLOs | Management company related
Assets, at Fair Value
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss)	(14,625)	(3,593)	(47,970)	(6,063)
Liabilities, at Fair Value
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss)	$ (14,625)	$ (3,593)	$ (47,970)	$ (6,063)

Investments and Fair Value Di_8

Investments and Fair Value Disclosures - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Debt Obligations, Fair Value Disclosure	$ 105,200,000
Debt obligations	123,812,000		$ 126,474,000
Loans sold to CLOs	$ 0	$ 0
Risk retention percentage	5%
Fair value of investments in retained interests	$ 74,600,000		$ 87,900,000
Cash flows from retained interests	$ 2,000,000	$ 2,100,000

Variable Interest Entities - As

Variable Interest Entities - Assets and Liabilities of Funds that are VIEs and Consolidated by Company (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Assets of consolidated entities:
Cash and cash equivalents	$ 83	$ 0	$ 0
Restricted cash and cash equivalents of consolidated entities	9,882	234,601	$ 0
Investments of Consolidated Entities	543,843	0
Other assets of consolidated entities	11,813	5,304
Total Assets	1,587,072	1,627,855
Liabilities of consolidated entities:
Other liabilities of consolidated entities	14,791	10,817
Total Liabilities	976,957	1,014,972
Variable Interest Entity, Primary Beneficiary
Liabilities of consolidated entities:
Total Liabilities	214,943	2,603
Variable Interest Entity, Primary Beneficiary | Consolidated Entities
Assets of consolidated entities:
Cash and cash equivalents	83	0
Restricted cash and cash equivalents of consolidated entities	9,882	0
Investments of Consolidated Entities	307,826	0
Other assets of consolidated entities	11,070	4,339
Total Assets	328,861	4,339
Liabilities of consolidated entities:
Notes payable of consolidated entities	207,978	0
Other liabilities of consolidated entities	$ 6,965	$ 2,603

Variable Interest Entities - _2

Variable Interest Entities - Assets and Liabilities Related to VIEs that are Not Consolidated (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Maximum risk of loss as a result of the Company’s involvement with VIEs:
Income and fees receivable	$ 26,037	$ 193,636
Investments of Consolidated Entities	543,843	0
Other commitments	200,200
Unfunded Commitments From Employees to VIEs	67,800	46,300
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Net assets of unconsolidated VIEs in which the Company has a variable interest	12,085,220	11,304,196
Maximum risk of loss as a result of the Company’s involvement with VIEs:
Unearned income and fees	66,188	62,800
Income and fees receivable	12,343	61,273
Investments	408,255	249,104
Investments of Consolidated Entities	181,194	0
Other commitments	122,630	60,474
Maximum Exposure to Loss	$ 790,610	$ 433,651

Leases - Lease Cost (Detail)

Leases - Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Lease collateral	$ 6,200		$ 6,200
Operating lease cost	4,628	$ 4,882	13,992	$ 15,215
Short-term lease cost	21	4	75	26
Finance lease cost - amortization of leased assets	113	199	296	596
Finance lease cost - imputed interest on lease liabilities	19	4	23	21
Less: Sublease income	(779)	(408)	(2,413)	(1,234)
Net Lease Cost	$ 4,002	$ 4,681	$ 11,973	$ 14,624

Leases - Supplemental Lease Cas

Leases - Supplemental Lease Cash Flow Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating cash flows for operating leases	$ 5,140	$ 5,398	$ 15,631	$ 16,563
Operating cash flows for finance leases	6	0	6	1
Finance cash flows for finance leases	155	241	318	865
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	0	0	1,079	2,893
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	$ 1,016	$ 0	$ 1,016	$ 0

Leases - Lease Term and Discoun

Leases - Lease Term and Discount Rate (Detail)	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	7 years	7 years 7 months 6 days
Finance Lease, Weighted Average Remaining Lease Term	4 years 9 months 18 days	1 year 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	7.80%	7.80%
Finance Lease, Weighted Average Discount Rate, Percent	7.90%	6.30%

Leases - Maturity of Lease Liab

Leases - Maturity of Lease Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Lessor, Lease, Description [Line Items]
October 1, 2022 to December 31, 2022	$ 813
2023	2,963
2024	1,920
2025	1,920
2026	1,920
Thereafter	6,120
Total Sublease Rent - Contractual Payments to be Received	15,656
Operating Leases
October 1, 2022 to December 31, 2022	5,140
2023	19,951
2024	16,527
2025	14,328
2026	15,353
Thereafter	52,689
Total Lease Payments	123,988
Imputed interest	(28,814)
Operating lease liabilities	95,174	$ 104,753
Finance Leases
October 1, 2022 to December 31, 2022	0
2023	228
2024	228
2025	228
2026	228
Thereafter	228
Total Lease Payments	1,140
Imputed interest	(180)
Finance lease liabilities	$ 960

Debt Obligations and Warrants -

Debt Obligations and Warrants - Schedule of Debt Principal Payments (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Maturity of Debt Obligations
October 1, 2022 to December 31, 2022	$ 0
2023	1,938
2024	0
2025	0
2026	0
2027	95,000
Thereafter	39,035
Total Payments	135,973
Unamortized discounts & deferred financing costs	(12,161)
Debt obligations	123,812	$ 126,474
2020 Term Loan
Maturity of Debt Obligations
October 1, 2022 to December 31, 2022	0
2023	0
2024	0
2025	0
2026	0
2027	95,000
Thereafter	0
Total Payments	95,000
Unamortized discounts & deferred financing costs	(11,956)
Debt obligations	83,044		$ 275,800
CLO Investments Loans
Maturity of Debt Obligations
October 1, 2022 to December 31, 2022	0
2023	1,938
2024	0
2025	0
2026	0
2027	0
Thereafter	39,035
Total Payments	40,973
Unamortized discounts & deferred financing costs	(205)
Debt obligations	$ 40,768	$ 44,702

Debt Obligations and Warrants_2

Debt Obligations and Warrants - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Debt Instruments and Warrants [Line Items]
Debt obligations	$ 123,812,000			$ 123,812,000		$ 126,474,000
Total Payments	135,973,000			135,973,000
Net losses on retirement of debt	$ 0	$ 0		$ 0	$ (30,198,000)
Warrants, Term	10 years			10 years
Warrants, Exercise price	$ 8.22			$ 8.22				$ 11.93
Warrants outstanding	4,338,015			4,338,015
Investments	$ 361,905,000			$ 361,905,000		583,622,000
Notes payable, at fair value	207,978,000			207,978,000		0
Warrant Liabilities, At Fair Value, Of Consolidated SPAC	1,639,000			1,639,000		7,590,000
Investments	361,905,000			361,905,000		$ 583,622,000
Structured Alternative Investment Solution
Debt Instruments and Warrants [Line Items]
Investments	128,000,000			128,000,000
Notes payable, at fair value	208,000,000			208,000,000
Investments	128,000,000			$ 128,000,000
Structured Alternative Investment Solution
Debt Instruments and Warrants [Line Items]
Undrawn commitment fee				1.15%
Investments	$ 127,800,000			$ 127,800,000
Line of Credit Facility, Commitment Fee Amount				52,500,000
Line of Credit Facility, Maximum Amount Outstanding During Period				$ 20,000,000
Line of Credit Facility, Interest Rate at Period End	3%			3%
Notes payable, at fair value	$ 350,000,000			$ 350,000,000
Investments	$ 127,800,000			$ 127,800,000
Class A Shares
Debt Instruments and Warrants [Line Items]
Warrants, Number of shares issuable	4,338,015			4,338,015
Sculptor Acquisition Corp I | SPAC
Debt Instruments and Warrants [Line Items]
Warrants, Term	5 years			5 years
Warrants, Exercise price						$ 11.50
Warrants outstanding	11,500,000			11,500,000
Warrant Liabilities, At Fair Value, Of Consolidated SPAC	$ 1,600,000			$ 1,600,000
Sculptor Acquisition Corp I | Management Company
Debt Instruments and Warrants [Line Items]
Warrants outstanding	11,200,000			11,200,000
2020 Term Loan
Debt Instruments and Warrants [Line Items]
Debt Instrument, Face Amount								$ 320,000,000
Debt obligations	$ 83,044,000			$ 83,044,000				275,800,000
Call Premium due in addition to make-whole premium on prepayment occurring prior to second anniversary of Closing Date				3%
Call Premium on prepayment occurring on or after second anniversary, but prior to third anniversary of Closing Date				3%
Call Premium on prepayment occurring on or after fourth anniversary of Closing Date				0%
Call Premium on prepayment occurring on or after third anniversary, but prior to fourth anniversary of Closing Date				2%
Repayment Of Debt Amount For Which Prepayment Premium Is Not Charged - Beginning Of Range	175,000,000			$ 175,000,000
Amount Of Debt Prepayment For Which Prepayment Premium Is Not Charged, As Amended	225,000,000			225,000,000
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums	1,750,000			1,750,000
Total Payments	95,000,000			95,000,000
Net losses on retirement of debt						$ 30,200,000
Minimum amount of fee-paying assets under management covenant				$ 20,000,000,000
2020 Revolving Credit Facility
Debt Instruments and Warrants [Line Items]
Repurchase agreements credit facility borrowing capacity								$ 25,000,000
Repayments of Debt			$ 175,000,000			224,400,000	$ 225,000,000
Undrawn commitment fee				0.50%
CLO Investments Loans
Debt Instruments and Warrants [Line Items]
Debt obligations	40,768,000			$ 40,768,000		44,702,000
Total Payments	40,973,000			40,973,000
Collateral on CLO Investments Loans	40,100,000			40,100,000		$ 43,100,000
Class A Notes | Structured Alternative Investment Solution
Debt Instruments and Warrants [Line Items]
Investments	20,000,000			20,000,000
Investments	20,000,000			20,000,000
Class B Notes | Structured Alternative Investment Solution
Debt Instruments and Warrants [Line Items]
Investments	20,000,000			20,000,000
Investments	20,000,000			20,000,000
Subordinated Notes | Structured Alternative Investment Solution
Debt Instruments and Warrants [Line Items]
Investments	87,800,000			87,800,000
Investments	$ 87,800,000			$ 87,800,000
LIBOR | 2020 Term Loan
Debt Instruments and Warrants [Line Items]
Debt Instrument, Floor on Variable Rate				0.75%
Debt Instrument, Basis Spread on Variable Rate				6.25%
Base Rate | 2020 Term Loan
Debt Instruments and Warrants [Line Items]
Debt Instrument, Floor on Variable Rate				1.75%
Debt Instrument, Basis Spread on Variable Rate				5.25%

Debt Obligations and Warrants_3

Debt Obligations and Warrants - Notes Payable (Details) - Structured Alternative Investment Solution - USD ($) $ in Thousands	May 31, 2029	May 31, 2028	May 31, 2025	Sep. 30, 2022
Class A Notes | Senior Secured
Debt Instruments and Warrants [Line Items]
Debt Instrument, Face Amount				$ 140,000
Debt Instrument, Interest Rate, Stated Percentage				4.25%
Class A Notes | Senior Secured | Forecast
Debt Instruments and Warrants [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		6.25%
Class B Notes | Senior Secured
Debt Instruments and Warrants [Line Items]
Debt Instrument, Face Amount				$ 70,000
Debt Instrument, Interest Rate, Stated Percentage				6%
Class B Notes | Senior Secured | Forecast
Debt Instruments and Warrants [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8%
Class C Notes | Mezzanine Secured
Debt Instruments and Warrants [Line Items]
Debt Instrument, Face Amount				$ 35,000
Debt Instrument, Interest Rate, Stated Percentage				6.75%
Class C Notes | Mezzanine Secured | Forecast
Debt Instruments and Warrants [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			9.50%
Subordinated Notes | Unsecured
Debt Instruments and Warrants [Line Items]
Debt Instrument, Face Amount				$ 105,000

Debt Obligations and Warrants_4

Debt Obligations and Warrants - Schedule of CLO Investments Loans (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Debt Instruments and Warrants [Line Items]
Debt obligations	$ 123,812	$ 126,474
CLO Investments Loans
Debt Instruments and Warrants [Line Items]
Debt obligations	$ 40,768	44,702
CLO Investments Loans | June 07, 2017
Debt Instruments and Warrants [Line Items]
Maturity date	Nov. 16, 2029
Debt obligations	$ 17,237	17,221
CLO Investments Loans | June 07, 2017 | LIBOR
Debt Instruments and Warrants [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.48%
CLO Investments Loans | August 02, 2017
Debt Instruments and Warrants [Line Items]
Maturity date	Jan. 21, 2030
Debt obligations	$ 21,593	21,589
CLO Investments Loans | August 02, 2017 | LIBOR
Debt Instruments and Warrants [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.41%
CLO Investments Loans | October 21, 2021 - CLO Loan
Debt Instruments and Warrants [Line Items]
Maturity date	Aug. 29, 2023
Debt obligations	$ 0	5,892
CLO Investments Loans | October 21, 2021 - CLO Loan | EURIBOR
Debt Instruments and Warrants [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.85%
CLO Investments Loans | January 19, 2022 - CLO Loan
Debt Instruments and Warrants [Line Items]
Maturity date	Dec. 15, 2023
Debt obligations	$ 1,938	$ 0
CLO Investments Loans | January 19, 2022 - CLO Loan | EURIBOR
Debt Instruments and Warrants [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1%

Securities Sold under Agreeme_3

Securities Sold under Agreements to Repurchase - Additional Details (Details) - Repurchase agreements credit facility € in Millions	Sep. 30, 2022 EUR (€)
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchase agreements credit facility borrowing capacity	€ 200
Repurchase agreements credit facility undrawn balance	€ 42.9

Securities Sold under Agreeme_4

Securities Sold under Agreements to Repurchase - Balance Sheet Offsetting (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Transfers and Servicing of Financial Assets [Abstract]
Gross Amounts of Recognized Liabilities	$ 152,883	$ 156,448
Gross Amounts Offset in the Consolidated Balance Sheet	0	0
Net Amounts of Liabilities in the Consolidated Balance Sheet	152,883	156,448
Securities Transferred	140,461	156,448
Net Amount	$ 12,422	$ 0

Securities Sold under Agreeme_5

Securities Sold under Agreements to Repurchase - Remaining Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	$ 152,883	$ 156,448
CLOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	152,883	156,448
CLOs | Overnight and Continuous
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	0	0
CLOs | Up to 30 Days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	0	0
CLOs | 30-90 Days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	0	0
CLOs | Greater Than 90 Days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Net Amounts of Liabilities in the Consolidated Balance Sheet	$ 152,883	$ 156,448

Other Assets, Net - Components

Other Assets, Net - Components of Other Assets (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fixed Assets:
Leasehold improvements	$ 47,736	$ 47,797
Computer hardware and software	55,060	55,320
Furniture, fixtures and equipment	8,316	8,013
Accumulated depreciation and amortization	(84,896)	(83,371)
Fixed assets, net	26,216	27,759
Redemption Receivable	29,099	0
Goodwill	22,691	22,691
Prepaid Expenses	10,225	17,095
Other Assets, Miscellaneous	13,412	9,546
Other assets, net	$ 101,643	$ 77,091

Other Liabilities - Components

Other Liabilities - Components of Other Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
Accrued expenses	$ 19,266	$ 16,949
Uncertain tax positions	8,250	8,250
Due to funds	3,664	3,017
Unused trade commissions	1,309	1,513
Other	5,364	9,061
Total Other Liabilities	$ 37,853	$ 38,790

Revenues - Management Fees and

Revenues - Management Fees and Incentive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Management fees
Disaggregation of Revenue [Line Items]
Investment management revenues	$ 66,236	$ 76,820	$ 211,443	$ 227,391
Incentive income
Disaggregation of Revenue [Line Items]
Investment management revenues	7,566	27,031	73,788	134,379
Multi-Strategy Funds [Member] | Management fees
Disaggregation of Revenue [Line Items]
Investment management revenues	33,579	39,585	112,171	114,185
Multi-Strategy Funds [Member] | Incentive income
Disaggregation of Revenue [Line Items]
Investment management revenues	209	16,394	329	97,507
Opportunistic credit funds | Management fees
Disaggregation of Revenue [Line Items]
Investment management revenues	12,001	13,141	37,167	39,065
Opportunistic credit funds | Incentive income
Disaggregation of Revenue [Line Items]
Investment management revenues	698	9,779	20,603	22,038
Institutional Credit Strategies | Management fees
Disaggregation of Revenue [Line Items]
Investment management revenues	11,550	14,856	34,941	46,360
Institutional Credit Strategies | Incentive income
Disaggregation of Revenue [Line Items]
Investment management revenues	0	0	0	0
Real estate funds | Management fees
Disaggregation of Revenue [Line Items]
Investment management revenues	9,106	9,238	27,164	27,781
Real estate funds | Incentive income
Disaggregation of Revenue [Line Items]
Investment management revenues	$ 6,659	$ 858	$ 52,856	$ 14,834

Revenues - Income and Fees Rece

Revenues - Income and Fees Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Income and Fees Receivable [Line Items]
Income and fees receivable	$ 26,037	$ 193,636
Management fees
Income and Fees Receivable [Line Items]
Income and fees receivable	25,008	25,520
Incentive income
Income and Fees Receivable [Line Items]
Income and fees receivable	$ 1,029	$ 168,116

Revenues - Unearned Income and

Revenues - Unearned Income and Fees (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Unearned Income and Fees [Line Items]
Unearned income and fees	$ 66,188	$ 62,800
Management fees
Unearned Income and Fees [Line Items]
Unearned income and fees	750	84
Incentive income
Unearned Income and Fees [Line Items]
Unearned income and fees	$ 65,438	$ 62,716

Revenues - Additional Details (

Revenues - Additional Details (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Incentive income
Disaggregation of Revenue [Line Items]
Unearned incentive recognized of the beginning unearned balance	$ 47.2	$ 9.8

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Statutory U.S. Federal Income Tax Rate (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Statutory U.S. federal income tax rate	21%	21%	21%	21%
(Income) loss passed through to noncontrolling interests	(5.78%)	145.73%	(7.67%)	(71.48%)
Foreign income taxes	(4.58%)	81.04%	(4.76%)	(114.01%)
RSU excess income tax benefit or expense	(0.49%)	8.39%	3.76%	(20.58%)
State and local income taxes	0.53%	81.03%	(7.34%)	(53.09%)
Nondeductible amortization of Partner Equity Units	(2.28%)	31.04%	(9.59%)	(54.32%)
Foreign tax credits and deductions	0.96%	(17.02%)	1%	23.94%
Change in fair value of warrants	(3.83%)	88.53%	25.74%	(269.42%)
Disallowed executive compensation	(6.08%)	16.44%	(19.29%)	(15.19%)
Other, net	(0.20%)	(7.61%)	(0.36%)	(0.60%)
Effective Income Tax Rate	(0.75%)	448.57%	2.49%	(553.75%)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Millions	Sep. 30, 2022 USD ($)
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits	$ 8.3
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 4.8

General, Administrative and O_3

General, Administrative and Other - Components of General, Administrative and Other Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Other Income and Expenses [Abstract]
Occupancy and equipment	$ 6,951	$ 9,627	$ 20,941	$ 24,970
Professional services	7,326	4,487	18,967	12,176
Information processing and communications	5,299	6,033	15,500	16,890
Recurring Placement And Related Service Fees	4,661	4,696	15,092	14,290
Insurance	2,226	2,281	6,661	6,773
Business Development	799	281	2,094	591
Impairment of right-of-use asset	0	11,240	0	11,240
Other expenses	1,028	1,027	2,776	5,140
Total General, Administrative and Other	$ 28,290	$ 39,672	$ 82,031	$ 92,070

Earnings (Loss) Per Class A S_3

Earnings (Loss) Per Class A Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
RSUs
Earnings Per Share [Line Items]
Vested RSUs included in weighted-average Class A Shares outstanding	165,379	130,528	171,739	176,516

Loss Per Class A Share - Comput

Loss Per Class A Share - Computation of Basic and Diluted Earnings (Loss) Per Class A Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders	$ (22,518)	$ (4,338)	$ (13,688)	$ (2,817)
Net Income (Loss) Attributable to Class A Shareholders, Diluted	$ (22,518)	$ (4,338)	$ (47,878)	$ (20,537)
Weighted-average Class A Shares outstanding - basic	24,772,098	25,334,903	25,620,996	24,743,527
Weighted-average Class A Shares outstanding - diluted	24,772,098	25,334,903	26,818,176	40,763,033
Loss per Class A Share - basic	$ (0.91)	$ (0.17)	$ (0.53)	$ (0.11)
Loss per Class A Share - diluted	$ (0.91)	$ (0.17)	$ (1.79)	$ (0.50)
Group A Units
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders, Effect of dilutive securities	$ 0	$ 0	$ 0	$ (17,720)
Weighted-Average Class A Shares Outstanding, Effect of dilutive securities (in shares)	0	0	0	16,019,506
Number of Antidilutive Units and Warrants Excluded from Diluted Calculation	15,025,994	16,019,506	15,025,994	0
Group E Units
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders, Effect of dilutive securities	$ 0	$ 0	$ 0	$ 0
Weighted-Average Class A Shares Outstanding, Effect of dilutive securities (in shares)	0	0	0	0
Number of Antidilutive Units and Warrants Excluded from Diluted Calculation	13,009,158	13,009,152	13,009,157	13,010,373
RSUs
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders, Effect of dilutive securities	$ 0	$ 0	$ 0	$ 0
Weighted-Average Class A Shares Outstanding, Effect of dilutive securities (in shares)	0	0	0	0
Number of Antidilutive Units and Warrants Excluded from Diluted Calculation	2,565,485	3,289,109	2,560,287	3,463,072
Restricted Class A Shares (“RSAs”)
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders, Effect of dilutive securities	$ 0		$ 0
Weighted-Average Class A Shares Outstanding, Effect of dilutive securities (in shares)	0		0
Number of Antidilutive Units and Warrants Excluded from Diluted Calculation	1,591,507		1,406,538
Warrants
Earnings Per Share [Line Items]
Net Income (Loss) Attributable to Class A Shareholders, Effect of dilutive securities	$ 0	$ 0	$ (34,190)	$ 0
Weighted-Average Class A Shares Outstanding, Effect of dilutive securities (in shares)	0	0	1,197,180	0
Number of Antidilutive Units and Warrants Excluded from Diluted Calculation	4,338,015	4,338,015	0	4,338,015

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Tax receivable agreement liability	$ 178,773,000		$ 178,773,000		$ 195,752,000
Payments under Tax Receivable Agreement	0	$ 0	16,900,000	$ 7,200,000
Purchase of warrants from the consolidated SPAC, eliminated in consolidation			98,082,000	336,762,000
Executive Managing Directors, Employees and Other Related Parties | Payments Under Tax Receivable Agreement
Related Party Transaction [Line Items]
Tax receivable agreement liability	67,900,000		67,900,000
Payments under Tax Receivable Agreement			7,400,000	$ 3,900,000
Executive Managing Directors, Employees and Other Related Parties | Amount of Related Party Assets Under Management
Related Party Transaction [Line Items]
Assets under management	$ 947,600,000		$ 947,600,000		$ 910,500,000
Executive Managing Directors, Employees and Other Related Parties | Percent of Related Party Assets Under Management Not Charged Fees
Related Party Transaction [Line Items]
Percent of assets under management not charged management and incentive fees	46%		46%		51%
Director
Related Party Transaction [Line Items]
Commitment to purchase investment	$ 3,000,000		$ 3,000,000
Funded amount of the commitment to purchase investment			55,000
SPAC
Related Party Transaction [Line Items]
Purchase of warrants from the consolidated SPAC, eliminated in consolidation			$ 11,200,000

Related Party Transactions - Ma

Related Party Transactions - Management Fees and Incentive Income Earned from Related Parties and Waived Fees (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Management fees
Related Party Transaction [Line Items]
Investment management revenues	$ 66,236	$ 76,820	$ 211,443	$ 227,391
Incentive income
Related Party Transaction [Line Items]
Investment management revenues	7,566	27,031	73,788	134,379
Fees charged on investments held by related parties: | Management fees | Executive Managing Directors, Employees and Other Related Parties
Related Party Transaction [Line Items]
Investment management revenues	1,243	869	3,392	2,696
Fees charged on investments held by related parties: | Incentive income | Executive Managing Directors, Employees and Other Related Parties
Related Party Transaction [Line Items]
Investment management revenues	$ 192	$ 154	$ 1,005	$ 2,307

Commitments and Contingencies -

Commitments and Contingencies - Estimated Potential Payments Under Tax Receivable Agreement (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Potential Payments Under Tax Receivable Agreement
October 1, 2022 to December 31, 2022	$ 29,483
2023	3,766
2024	13,175
2025	24,581
2026	34,229
2027	25,425
Thereafter	48,114
Total Payments	$ 178,773	$ 195,752

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2019
Loss Contingencies [Line Items]
Percentage of tax savings to be paid under tax receivable agreement			85%
Percentage of tax savings to be paid under tax receivable agreement to remaining EMDs and Ziffs	69%
Tax receivable agreement liability	$ 178,773	$ 195,752
Unfunded capital commitments of the Company to funds managed	200,200
Unfunded capital commitments by EMDs	67,800
Consolidated Entities
Loss Contingencies [Line Items]
Unfunded capital commitments of the Company to funds managed	104,700
Management company related
Loss Contingencies [Line Items]
Unfunded capital commitments of the Company to funds managed	$ 95,500
Tax Year 2018
Loss Contingencies [Line Items]
Percentage of tax savings to be paid under tax receivable agreement	85%
Tax Year 2019
Loss Contingencies [Line Items]
Percentage of tax savings to be paid under tax receivable agreement	75%

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	9 Months Ended	10 Months Ended
	Nov. 08, 2022	Sep. 30, 2022	Sep. 30, 2022	Nov. 03, 2022
Subsequent Event [Line Items]
Stock Repurchased During Period, Value		$ 8,749	$ 28,258
Class A Shares
Subsequent Event [Line Items]
Treasury Stock, Shares, Acquired			2,577,605
Stock Repurchased During Period, Value			$ 28,200
Average price per treasury share purchased			$ 10.95
Subsequent Event
Subsequent Event [Line Items]
Dividends announcement date	Nov. 08, 2022
Cash dividend (in dollars per share)	$ 0.01
Dividends payable date	Nov. 28, 2022
Dividends record date	Nov. 21, 2022
Subsequent Event | Class A Shares
Subsequent Event [Line Items]
Treasury Stock, Shares, Acquired				2,704,250
Stock Repurchased During Period, Value				$ 29,500
Average price per treasury share purchased				$ 10.91

Uncategorized Items - scu-20220

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 412,671,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 186,977,000