Och-Ziff Capital Management is moving forward with its plans
for its initial public offering, but is planning to raise only
about half as much as originally expected. Och-Ziff plans to
list on the New York Stock Exchange in November, despite
turbulent markets and the lackluster performance of other
alternative asset manager stocks.
During the third quarter, the firm managed to attract net
inflows of $1.2 billion and grow its assets...