Wednesday, 26 October 2016
Last updated 12 hours ago
Jun 17 2011 | 3:58am ET
The head of Och-Ziff Capital Management's event-driven team has left the firm, along with one of his team members.
Massimo Bertoli is out at the New York-based firm, Reuters reports. Ricardo Lavilla, also of the event-driven team, has left as well.
Bertoli headed Och-Ziff's event-driven investments from London. His departure does not signal the $30 billion firm's exit from that strategy, one source told Reuters.
Bertoli and Lavilla's plans are unclear.