Form 8-K Och-Ziff Capital Managem For: Oct 02

Go back to Form 8-K Och-Ziff Capital Managem For: Oct 02

Och-Ziff Capital's (OZM) IDR Rated 'BBB-' by Fitch; Outlook Stable

October 6, 2014 11:58 AM EDT

Fitch Ratings has assigned a Long-Term Issuer Default Rating (IDR) of 'BBB-' to Och-Ziff Capital Management Group LLC (NYSE: OZM). The Rating Outlook is Stable.

KEY RATING DRIVERS

The rating and Stable Outlook are based on OZM's established franchise and performance track record, particularly in the firm's multi-strategy hedge fund business, appropriate leverage and interest coverage metrics, strong profitability and a seasoned management team. Key rating constraints include the elevated level of market risk due to net asset value (NAV)-based management fees, key man risk with the firm's founder and CEO, less diversified... More

Och-Ziff Capital Management (OZM) Master Fund Up Slightly in September

October 2, 2014 11:11 AM EDT

Och-Ziff Capital Management (NYSE: OZM) issued the following update Thursday:

Estimated Unaudited Returns

The following information is being provided to investors in the alternative investment vehicles (the funds) that affiliates of Och-Ziff Capital Management Group LLC (collectively, the Company) manage with respect to the estimated performance of the Companys most significant master funds for the... More