NEW YORK--( BUSINESS WIRE )--Sculptor Capital Management, Inc. ("Sculptor" or the "Company") (NYSE: SCU) today announced that its special committee of independent members of the Company's Board of Directors (the "Special Committee") has received a series of revised, unsolicited, non-binding proposals from a consortium of bidders (the "Consortium") led by the founder of "Bidder J" as described in the Company's preliminary proxy statement filed with the Securities and Exchange Commission ("SEC") on August 21, 2023. Consistent with its fiduciary duties, the Special Committee, in consultation with its outside legal and financial advisors, carefully reviewed the Consortium's revised proposals. The Special Committee has not concluded that the Consortium's most recent revised proposal constitutes a superior proposal or is reasonably expected to lead to a superior proposal (as defined in the Company's merger agreement with Rithm Capital Corp ("Rithm") (NYSE: RITM)).