Och-Ziff Reports an Upbeat August, but Outflows Continue

September 06, 2016   Stephen Taub


You have to do the math to see the erosion. But the publicly traded hedge fund firm continues to suffer from a looming federal bribery probe.

Redemptions continue to plague Och-Ziff Capital Management Group. On Friday the New York multistrategy specialist headed by Daniel Och disclosed in a regulatory filing that investors yanked out another $500 million or so from the firm’s hedge funds in August. …

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