{"id":6269,"date":"2007-07-03T00:00:00","date_gmt":"2007-07-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-och-ziff-capital-files-for-ipo","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2007\/hedge-fund-och-ziff-capital-files-for-ipo.html","title":{"rendered":"Hedge fund Och-Ziff Capital files for IPO"},"content":{"rendered":"<p>  Reuters- <span>Och-Ziff Capital Management Group<\/span> LLC, a multi-strategy investment fund with about $26.8 billion under management, filed for an initial public offering on Monday, making it  the latest alternative investment firm to seek a public listing.<\/p>\n<p>  New York-based Och-Ziff said it would offer up to $2 billion worth of Class A shares on the <span>New York Stock Exchange<\/span>, representing limited liability company interests, under the symbol  OZM (NYSE:<a href=\"http:\/\/us.rd.yahoo.com\/dailynews\/finance\/nm\/bs_nm\/storytext\/ochziff_ipo_dc\/23599446\/*http:\/\/finance.yahoo.com\/q?s=ozm&amp;d=t\">OZM<\/a> &#8211; <a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/biz\/nm\/bs_nm\/storytext\/ochziff_ipo_dc\/23599446\/*http:\/\/biz.yahoo.com\/n\/o\/ozm.html\">news<\/a>).<\/p>\n<p>  Och-Ziff was founded in 1994 by former <span>Goldman Sachs<\/span> trader Daniel Och and the billionaire Ziff publishing family. It is well regarded in the secretive, $1.5 trillion hedge fund world,  particularly for its acumen in distressed debt and restructuring strategies.<\/p>\n<p>  Och-Ziff also has major operations in merger arbitrage, convertible arbitrage, private equity and real estate.<\/p>\n<p>  The offering comes amid a spate of IPOs and planned offerings by investment firms, including Blackstone Group (NYSE:<a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/finance\/nm\/bs_nm\/storytext\/ochziff_ipo_dc\/23599446\/*http:\/\/finance.yahoo.com\/q?s=bx&amp;d=t\">BX<\/a> &#8211; <a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/finance\/nm\/bs_nm\/storytext\/ochziff_ipo_dc\/23599446\/*http:\/\/finance.yahoo.com\/q?s=fig&amp;d=t\">FIG<\/a> &#8211; <a href=  \"http:\/\/us.rd.yahoo.com\/dailynews\/biz\/nm\/bs_nm\/storytext\/ochziff_ipo_dc\/23599446\/*http:\/\/biz.yahoo.com\/n\/f\/fig.html\">news<\/a>), GLG Partners and <span>Third Point LLC<\/span>.<\/p>\n<p>  <a href=\"http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20070702\/bs_nm\/ochziff_ipo_dc\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Och-Ziff Capital Management Group LLC, a multi-strategy investment fund with about $26.8 billion under management, filed for an initial public offering on Monday, making it the latest alternative investment firm to seek a public listing. New York-based Och-Ziff said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6269","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6269","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6269"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6269\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}