Och-Ziff Assets Sink As Hedge Funds Fall

Apr 4 2008 | 2:00am ET

With all of its hedge funds in negative territory this year, Och-Ziff Capital Management’s assets under management have fallen by almost $1 billion.

The New York firm’s assets dropped by $774 million in March, leaving it with $32.8 billion, Financial News reports. Last year, Och-Ziff’s assets soared by almost 50%.

The firm’s flagship fund is down 0.8% this year after a 0.69% decline last month. Its Global Special Investments Master Fund did somewhat better, falling by only 0.45% in March and 0.6% year-to-date. The firm’s Asia Master Fund did quite a bit worse, losing 2.38% last month, leaving it down 2.58% in 2008.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...