{"id":54637,"date":"2016-10-03T09:05:40","date_gmt":"2016-10-03T13:05:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54637"},"modified":"2016-10-03T09:05:40","modified_gmt":"2016-10-03T13:05:40","slug":"och-ziff-plea-halts-rise-of-hedge-fund-billionaires-protege","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2016\/och-ziff-plea-halts-rise-of-hedge-fund-billionaires-protege.html","title":{"rendered":"Och-Ziff Plea Halts Rise of Hedge-Fund Billionaire\u2019s Protege"},"content":{"rendered":"<p>\n(Bloomberg) At the turn of the century, hedge-fund billionaire Daniel Och sent protege Michael Cohen, still in his twenties, to spearhead Och-Ziff\u2019s expansion into Europe. Cohen\u2019s team bet so successfully on equities and corporate deals that less than a decade later he was able to buy a 900-acre estate in the English countryside.<\/p>\n<p>A relentless investor with little patience for small talk, he was always looking for his next score, say people who know him. That led him, in 2007, to begin a series of bets promising outsized profits and, as it turned out, even larger risks that shook Och-Ziff Capital Management LP to its core.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-09-30\/och-ziff-plea-stalls-rise-of-hedge-fund-billionaire-s-protege\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) At the turn of the century, hedge-fund billionaire Daniel Och sent protege Michael Cohen, still in his twenties, to spearhead Och-Ziff\u2019s expansion into Europe. Cohen\u2019s team bet so successfully on equities and corporate deals that less than a decade [&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-54637","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54637","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=54637"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54637\/revisions"}],"predecessor-version":[{"id":54638,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54637\/revisions\/54638"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}