Opalesque Industry Update – New York-based institutional alternative asset manager and hedge fund firm Och Ziff has reported that its Master Fund is flat for the month of May, (+4.12% YTD). Two of the firm’s other funds were slightly up and the Asia fund took a blow with a loss of -1.71% during the tumultuous month. |
During the month the firm saw asset growth of approximately $600m (inclusive of May performance and June flows).
Shares of Och Ziff (OZ) ended Wednesday trading at 14.33.