Saturday, 4 July 2015
Last updated 1 day ago
May 5 2008 | 2:00am ET
Och-Ziff Capital Management’s hedge funds rebounded in April, with investors continuing to pour new money into its offerings.
Three of the New York-based firm’s four hedge funds posted positive returns last month, pulling two out of the red for the year. The firm’s flagship, OZ Master Fund, added 0.98% in April to bring its year-to-date return to 0.13%.
Only its OZ Asia Master Fund turned in a loss in the first month of spring, falling 0.14%. It is now down 2.75% in 2008.
Och-Ziff also added $606 million to its assets under management, both in new investments and through investment performance. The firm now manages $33.4 billion, the same as on New Year’s Day but up marginally from the $33.3 billion it managed at the end of the first quarter.
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…