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Och-Ziff Capital Management (OZM) Announces Planes to Raises $250 Million in Public Offering

November 15, 2011 4:31 PM EST
Och-Ziff Capital Management Group LLC (NYSE: OZM) announced today that it plans to raise $250 million in a public offering of its Class A Shares representing limited liability company interests. The Company expects to grant the underwriters an option to purchase up to an additional 15% of the offered number of Class A Shares. Goldman, Sachs & Co., BofA Merrill Lynch and Morgan Stanley & Co. LLC will serve as Joint Book-Running Managers for the offering. The Company's partners, employees and other significant shareholders will not sell any shares in connection with the offering.

The offering is being made pursuant to a shelf registration statement filed with the Securities and Exchange Commission, which became effective on November 15, 2011. A prospectus supplement relating to the offering was filed with the Securities and Exchange Commission on November 15, 2011.


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