Monday, 29 December 2014
Last updated 55 min ago
Oct 3 2012 | 1:37pm ET
Och-Ziff Capital Management posted gains in September, adding to its assets under management.
The firm's four hedge funds rose between 1% and 1.7% last month, well behind the broader markets. The funds are up between 4.3% and 8.2% this year, with the latter performance coming from its flagship Master Fund.
The gains may have underwhelmed, but they did add $200 million to Och-Ziff's assets under management, which now stand at $31 billion, just $2.4 billion off its 2007 peak.
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Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.