Flat Performance In May Doesn't Prevent Strong Inflows At Och-Ziff

Jun 3 2011 | 2:04pm ET

Och-Ziff Capital Management said yesterday that assets under management jumped $600 million in May despite flat performance by its flagship hedge fund.

New York-based Och-Ziff said that it managed an estimated $30 billion as of June 1. The growth is almost entirely the result of net inflows, given the performance of its hedge funds.

The OZ Master Fund was flat, standing with a 4.12% return year-to-date, and the firm's other funds' performances appear to have more or less cancelled each other out. Its Europe Master Fund was up 0.24% last month (4.21% year-to-date) and its Global Special Investments Master Fund added 0.49% (6.13% YTD), but its Asia Master Fund lost 1.71% in May (up 0.52% YTD).

The $600 million bump is Och-Ziff largest asset increase in more than two years.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR