04.05.2012 Och-Ziff earnings down slightly this quarter
Bailey McCann, Opalesque New York: Quarterly profits were down slightly for New York-based Och-Ziff in Q1. The company is a publicly traded hedge fund and private equity firm. According to the earnings report taxes cut into the company's overall profit but assets continued to grow. The company reported earnings of $57.3m down from $65.2m at this time last year.

Total revenue increased to

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