{"id":52464,"date":"2016-05-04T09:01:24","date_gmt":"2016-05-04T13:01:24","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52464"},"modified":"2016-05-04T09:01:24","modified_gmt":"2016-05-04T13:01:24","slug":"och-ziff-sets-aside-200-million-for-settlement-amid-talks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/och-ziff-sets-aside-200-million-for-settlement-amid-talks.html","title":{"rendered":"Och-Ziff Sets Aside $200 Million for Settlement Amid Talks"},"content":{"rendered":"<p>\n(Bloomberg) Och-Ziff Capital Management Group LLC, the hedge fund firm run by Daniel Och, reported an unexpected first-quarter loss as it set aside $200 million for a legal settlement that it\u2019s now discussing with U.S. authorities.<\/p>\n<p>The firm had a loss of $142.5 million, or 27 cents a share, compared with a distributable profit of $126.7 million, or 25 cents, a year earlier, the company said Tuesday in a statement. Excluding the charge, earnings of 11 cents a share missed the 13 cent average estimate of eight analysts in a Bloomberg survey.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-03\/och-ziff-reports-first-quarter-loss-on-reserve-tied-to-probe\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Och-Ziff Capital Management Group LLC, the hedge fund firm run by Daniel Och, reported an unexpected first-quarter loss as it set aside $200 million for a legal settlement that it\u2019s now discussing with U.S. authorities. The firm had a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52464","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52464"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52464\/revisions"}],"predecessor-version":[{"id":52465,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52464\/revisions\/52465"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}