Och-Ziff European Credit Funds Net $130 Million

Jan 12 2012 | 5:10am ET

Och-Ziff Capital Management has raised $130 million for a pair of European credit hedge funds as the continent's debt crisis drags on.

The OZ European Credit Opportunities Domestic Partners fund raised $100 million, while the OZ European Credit Opportunities Overseas fund netted $30 million.

The two funds opened to investors on Jan. 1, separate Securities and Exchange Commission filings show. Their minimum investment requirement is $100,000.

Och-Ziff's existing Europe fund lost more than 5% last year.

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