Launches & Closures

Och Ziff launches European multi-strategy UCITS fund


A new European multi-strategy UCITS offering from leading US-headquartered hedge fund group Och-Ziff Capital Management is the latest fund to be launched on the Bank of America Merrill Lynch platform.

The investment objective of the Luxembourg-domiciled Och-Ziff European Multi-Strategy UCITS Fund is to achieve consistent, absolute returns with low volatility, primarily by seeking to exploit pricing inefficiencies in equity and debt securities of European companies.

The fund employs a team-driven investment process led by Och-Ziff’s head of European investments, Michael Cohen. It pursues a diversified investment approach across long/short equity special situations, merger arbitrage, convertible/derivative arbitrage and credit