Thursday, 29 January 2015
Last updated 11 hours ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…