Saturday, 27 December 2014
Last updated 2 days ago
Jan 3 2008 | 12:02pm ET
Och-Ziff Capital Management’s share price may be sinking, but its assets under management continue to rise.
The New York-based hedge fund giant said today it managed about $33.2 billion on Jan. 1. That represents an increase of more than $3 billion, or 10%, since the end of the third quarter of 2007.
In addition, the firm reported strong performances for its hedge funds, which finished 2007 up double digits. Specifically, the Oz Master Fund, Oz Europe Master Fund, Oz Asia Master Fund and Oz Global Special Investments Master Fund returned 11.65%, 14.87%, 12.25% and 12.22% respectively through December 2007.
The group went public in November 2007, raising more than $1 billion in a listing on the New York Stock Exchange. Since the IPO, its stock price has fallen from $32 to about $26.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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.