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KM Financial Solutions | Och-Ziff hedge fund rebounds but succession, other issues linger
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Och-Ziff hedge fund rebounds but succession, other issues linger

25 Jan Och-Ziff hedge fund rebounds but succession, other issues linger

Posted at 22:46h in News by
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NEW YORK, Jan 26 (Reuters) – Och-Ziff Capital Management
Group LLC rode bets on Asian stocks and U.S. corporate
mergers to strong returns in 2017 – its best showing in years –
but remained challenged by succession planning, declining assets
and a stagnant stock price.
Its flagship hedge fund, the OZ Master Fund Ltd, gained an
estimated 10.4 percent net of fees in 2017, according to a
letter sent to investors this week seen by Reuters. That was
better than its historical average of 8.86 percent,

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