Tag Archives: och-ziff-capital
UPDATE 1 – Och-Ziff reports loss, sets aside bonuses
CNN Money – Hedge fund firm Och-Ziff Capital Management Group reported a wider second-quarter net loss Tuesday and lower-than-expected distributable earnings, a number analysts look at closely. The New York-based firm, one of only a small number of publicly traded […]
Och-Ziff funds gain in June, but assets fall
Reuters – Och-Ziff Capital Management Group, a U.S. hedge fund giant banged up by last year’s market turmoil, said its funds continued their 2009 revival with June gains, although assets under management slipped once again. The New York firm estimated […]
Och Stores Up Cash as Funds Brace for Stock Losses
Bloomberg – Daniel Och had about 35 percent of his $20 billion of hedge-fund assets in cash during the first quarter because he suspects global stock markets will start falling again. “The world will not just bounce back to where […]
Hedge fund ups stake in main Eircom shareholder
Independent – A New York-based hedge fund, run by former Goldman Sachs executives and family members of the Ziff Davis publishing dynasty, has become the biggest shareholder in Babcock & Brown Capital (BCM), Eircom’s main shareholder. Och-Ziff Capital Management now […]
GLG, Och-Ziff Earnings Slump on Hedge Fund Losses
Bloomberg – GLG Partners Inc., the hedge-fund firm founded as a unit of Lehman Brothers Holdings Inc., and Och- Ziff Capital Management Group LLC reported lower fourth-quarter profits as their funds posted losses. GLG’s profit excluding acquisition costs dropped 78 percent […]
Daniel Och Increases Stake in Own Hedge Fund
New York (HedgeCo.Net) – Daniel Och, CEO of New York-based hedge fund Och-Ziff Capital Management, is showing his confidence in his company, racking up another 1.6 million shares. Och shelled out about $7 million between November 13 and February 2, […]
Investors joining hedge fund club get burned
Reuters – Two years ago, investors scrambled to snap up shares in elite hedge fund firms, eager for a piece of the lucrative action. What they got instead were big losses. Starting in early 2007, when hedge fund and private equity […]
Hopes and fears mix at hedge fund conference
Reuters UK – "Does anyone know what is happening with the markets?" former U.S. Treasury Secretary Lawrence Summers asked after stepping out of his car and into a hedge fund industry conference in Connecticut on Tuesday. And he wasn’t the […]
