Och-Ziff Ends Year On High Note

Jan 5 2010 | 1:11pm ET

Och-Ziff Capital Management continued its turnaround from a difficult 2008 in December, with all four of its hedge funds posting gains on the month as investors and performance added $700 million to its assets under management.

The New York-based hedge fund giant’s flagship OZ Master Fund added 1.1% last month to end last year up 23%, it said in a Securities and Exchange Commission filing today. The fund has easily recouped its losses from last year, when it dropped 15.9%.

The firm’s other hedge funds, however, remain below their high-water marks. Och-Ziff’s Asia Master Fund rose 1.6% in December and 33.6% on the year, but lost 30.9% in 2008. Its Global Special Investments Master Fund added almost 1% last month and 8.3% last year, but it shed the same amount a year earlier. Finally, the firm’s Europe fund edged up 0.3% in December to finish 2009 up 16.3%, failing to make up its 17.4% drop from 2008.

Still, investors continued to pour money into Och-Ziff’s funds, and the firm’s assets rose for the fifth straight month in December. Och-Ziff now manages $23.5 billion, 6.3% more than it did at the beginning of last year.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note