Wednesday, 23 July 2014
Last updated 7 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…