Sunday, 28 August 2016
Last updated 1 day ago
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.