Och-Ziff Funds Continue Winning Streak, Assets Rise

Mar 2 2010 | 12:40pm ET

Make it a solid year of nothing but positive performance for Och-Ziff Capital Management’s hedge funds.

The New York-based hedge fund giant saw all four of its funds post gains last month. The last time any of them saw any red ink was last February.

Och-Ziff also continued another streak, as its assets grew for the eighth-straight month in February. The firm now manages $24.6 billion, $600 million more than it did at the end of January.

The firm’s flagship OZ Master Fund, which hasn’t seen a down month since 2008, added 0.39% last month, and is up 1.48% for the first two months of the year. Its OZ Europe Master Fund rose 1.02% in February, its Global Special Investments fund 1% and its Asia fund 0.55%.

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