Fri, May 29, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Och-Ziff reports 13% rise in assets y-o-y to reach $48.3bn

Wednesday, May 06, 2015

Komfie Manalo, Opalesque Asia:

Och-Ziff Capital Management Group LLC reported on Tuesday that its assets under management (AuM) had increased by 13% year-over-year to $48.3bn as of March 31, 2015.

"During the first quarter, the investment performance of our funds was strong, and we continued to make progress in diversifying our product offerings and sources of assets under management," said Daniel S. Och, chairman and chief executive of Och-Ziff. "Investor interest in our funds remains high, and reception to our new product offerings has been positive."

Och-Ziff reported GAAP net income allocated to Class A Shareholders of $25.9m, or $0.15 per basic and $0.14 per diluted Class A Share, for the first quarter ended March 31, 2015. The Company also declared a $0.22 per share cash dividend on its Class A Shares for the 2015 first quarter.

AuM in the company's multi-strategy products totaled $33.9bn, increasing 4% year-over-year.

AuM for the OZ Master Fund, the company's global multi-strategy fund, were $27.7bn as of March 31, 2015, increasing 7% year-over-year. The fund generated a net return of 3.8% through March 31, 2015, and an annualized net return since inception of 12.9%. For April 2015, the estimated net return was -0.2%. YTD net returns reflect the particularly strong performance of the fund's long/short equity special situati......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  3. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  4. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M

  5. PE/VC: Private equity in the Covid-19 crisis, Carlyle's Africa dealmakers leave to start their own buyout firm, UK asset managers plan shift to off-market strategies including private equity[more]

    Private equity in the Covid-19 crisis From Morning Star: Private equity investment trusts invest in unquoted companies not yet listed on the stock market. How have they fared in the sell-off? Investment trusts have been caught up in the market turmoil of recent months and private equit