Och-Ziff Funds Slip

Jun 4 2012 | 2:56pm ET

All four of Och-Ziff Capital Management's hedge funds lost ground last month, in line with losses suffered across the hedge fund industry.

The New York-based hedge fund giant's flagship hedge fund was down less than 1%. But its Asia Master Fund lost 2.2% and its Europe Master Fund 1.8%. Och-Ziff's Global Special Investments Master Fund also lost less than 1%.

On the year, the funds remain up between 2.9% and 4.7%.

Och-Ziff's assets stood at $29.8 billion on Friday, unchanged from a month earlier.

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