Hedge Fund News From HedgeCo.Net

Och-Ziff Capital Management Suffers $13B in Redemptions In Past 13 Months

(FINalternatives) Investors pulled some $13 billion from beleaguered Och-Ziff Capital Management over the past 13 months as the hedge fund manager dealt with the fallout of a five-year bribery investigation and very expensive settlements with the U.S. Justice Department and the SEC.

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