[7] It has nearly 400 employees worldwide including offices in New York City, London, Hong Kong, Mumbai, and Shanghai.
[15][16] In September 2016, the firm entered into settlement agreements with the United States Securities and Exchange Commission (SEC) and Department of Justice (DOJ), ending a five-year investigation into violations of the Foreign Corrupt Practices Act for allegedly paying bribes to government officials in several African nations.
As part of the deferred prosecution agreement that settled civil and criminal charges, the firm agreed to pay a $413 million fine.
In March 2019, founder and then-Chairman Dan Och stepped down, and in September 2019, the firm rebranded as Sculptor Capital Management.
[18] In January 2018, Michael Cohen, former head of Och Ziff's European operations, was charged with fraud relating to activities of the company in Africa.
[25][26] In July 2023, Sculptor agreed to be sold to real estate investment firm Rithm Capital for approximately $639 million.