Dan Ochs Och-Ziff Capital Management Group announced
Wednesday that it plans to launch an emerging markets fund as
it tries to attract more capital. The firm also reported a
first-quarter loss, largely due to IPO-related costs, and all
four of its hedge funds fell over the same period.
The firms assets rose 30% year-on-year to reach $33.3
billion at the end of March, but are almost...