Och-Ziff Capital Management’s Flagship up 20% YTD, Surpasses High Water Mark
|October 6th, 2009||
|The OZ Master Fund, Och-Ziff Capital Management\'s flagship fund, gained 2.39 during September, outperforming the hedge fund industry average of 2.2 percent. According to the New York Time’s DealBook, the OZ Master Fund gained 1.42 percent in August, an increase that enabled the fund to recommence charging its incentive fees. Overall, the fund has gained 20 percent year to date.|
Och-Ziff Capital Management now manages over $22 billion, which is $400 million more than it did at the end of August. The firm is a publically-traded global asset manager of multi-strategy hedge funds that was founded by CEO Daniel Och in 1994. Mr. Och was formerly a member of Goldman Sachs' arbitrage trading desk.
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