Och-Ziff Continues Winning Ways In January

Feb 3 2010 | 12:25pm ET

New York hedge fund giant Och-Ziff Capital Management Group saw all four of its funds continue to climb in January, adding to their success from last year.

In a regulatory filing, the $24 billion firm said its flagship OZ Master Fund rose 1.13% last month, as the Standard & Poor’s 500 Index tumbled 3.6%. That fund soared 23% last year after losing 15.9% in 2008.

Och-Ziff’s Europe Master Fund surged 2.5% in January, while its Global Special Investment fund added 1.77% and its Asia Master fund 0.72%. Those funds rose 16.3%, 8.3% and 30.9% last year, respectively.

The firm also said that its assets under management rose $500 million in January, thanks both to performance gains and investor inflows.


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