Wednesday, 22 October 2014
Last updated 8 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%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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