Hedge Fund News From HedgeCo.Net

Och-Ziff Hedge Fund Had $7.6 Billion in Outflows Last Year

(Bloomberg) The comeback billionaire Dan Och hoped for during his last year running his hedge fund firm never arrived.Och-Ziff Capital Management Group LLC saw $7.6 billion in client withdrawals last year despite posting the best performance in his flagship hedge fund since 2013, the company said in a statement Friday.

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