Saturday, 27 December 2014
Last updated 3 days ago
Oct 20 2010 | 1:09pm ET
A British court has ruled that a similarly-named hedge fund has violated Och-Ziff Capital Management’s copyright.
OCH Capital and founder Thomas Ochocki should have “appreciated that there was at least a risk of confusion,” Judge Richard Arnold in London ruled. “OCH is strongly distinctive for financial services. There is a manifest likelihood of confusion on the part of both types of consumer.”
Arnold said he would assess damages at a later hearing.
Ochocki’s lawyers insisted that the firm never intended to profit from Och-Ziff’s renown, and that the name stems from the fact that co-workers have long call Ochocki “Och.” They also said that the name was intended to be pronounced as its initials, “O-C-H.”
Ochocki said he offered to change the fund’s name to O.C.H. Capital to assuage Och-Ziff, but Och-Ziff noted it never took that step.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.