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Sculptor Capital Management, Inc. (SCU) CEO Robert Shafir on Q1 2020 Results - Earnings Call Transcript

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Sculptor Capital Management, Inc. (NYSE:SCU) Q1 2020 Results Conference Call May 6, 2020 8:30 AM ET

Company Participants

Elise King - Head, Shareholder Services

Robert Shafir - CEO

Tom Sipp - CFO

Conference Call Participants

Bill Katz - Citigroup

Gerry O’Hara - Jefferies

Patrick Davitt - Autonomous Research


Good morning, everyone, and welcome to Sculptor Capital Management’s First Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the call over to host for today Elise King, Head of Shareholder Services at Sculptor Capital. Please go ahead.

Elise King

Thanks, Melissa. Good morning, everyone, and welcome to our call. Joining me are Robert Shafir, our Chief Executive Officer; and Tom Sipp, our Chief Financial Officer. Today’s call contains forward-looking statements, many of which are inherently uncertain and outside of our control. Before we get started, I need to remind you that Sculptor Capital’s actual results may differ, possibly materially, from those indicated in these forward-looking statements. Please refer to our most recent SEC filings for a description of the risk factors that could affect our financial results, our business and other matters related to these statements. The company does not undertake any obligation to publicly update any forward-looking statements.

During today’s call, we will be referring to economic income, distributable earnings and other financial measures that are not prepared in accordance with U.S. GAAP. Information about and reconciliations of these non-GAAP measures to the most directly comparable GAAP measure are available in our earnings release, which is posted on our website. No statements made during this call should be construed as an offer to purchase shares of the company or

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