Tuesday, 7 July 2015
Last updated 16 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…