The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 1 hour ago
Mar 3 2011 | 12:55pm ET
Och-Ziff Capital Management cooled off slightly in February, with one of the firm's four hedge funds suffering its first loss of the year.
The New York-based hedge funds continued to badly trail the broader markets last month, according to its monthly Securities and Exchange Commission filing. Its flagship OZ Master Fund rose just 1.1%, well behind the 3.4% return for the Standard & Poor's 500 Index. In January, it was much the same, with OZ Master adding 1.6% and the S&P500 rising 2.3%.
Och-Ziff's Special Investments Master Fund was its best performer on the month, returning 1.67% (1.96% in January), while its Europe Master Fund added 0.88% (2.35% in January). But its Asia Master Fund, which added 1.09% in January, lost 0.1% last month.
The firm added $300 million to its asset base last month, it said, thanks to both performance and inflows. Och-Ziff now manages some $28.7 billion.