Och-Ziff plans new fund, reports quarterly loss
Fri May 2, 2008
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...
ISSN: 2151-1845 / CDC10004H
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