Saturday, 22 October 2016
Last updated 4 hours ago
Mar 5 2013 | 10:47am ET
Och-Ziff Capital Management's February was among its best months since the hedge fund manager went public six years ago.
The New York-based firm enjoyed its strongest monthly inflow since the 2007 initial public offering, bringing in $1.3 billion in new cash. The firm's assets under management rose by more than 4% to $36.1 billion on the month, as most of its funds enjoyed above-average returns.
Och-Ziff's flagship OZ Master Fund rose 0.38% last month and is up 2.76% on the year. Two other funds are doing even better, with its OZ Asia Master Fund up 4.08% in the first two months of the year and its OZ Europe Master fund up 3.7%.