Och Ziff Hedge Funds Rise in February

WSJ – Och-Ziff Capital Management LLC had another positive month in all its main hedge funds, and the New York hedge fund manager’s assets under management increased $600 million during the month, according to a regulatory filing.

The assets under management at Och-Ziff are now $24.6 billion, a number that reflects performance through the end of February and asset flows as of March 1, according to a filing made on Securities and Exchange Commission form 8-K. The New York-based public hedge-fund manager has boosted assets in every month since July.

The flagship OZ Master Fund was up 0.39% for the month, marking its 14th consecutive month with positive performance. It is now up 1.48% for the year. The OZ Europe Master fund gained 1.02%, a fund dedicated to Asia gained 0.55%, and the company’s Global Special Investments Master Fund was up 1%.

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