Och-Ziff Said to Rise Last Week as Some of Largest Hedge Funds Dodge Rout

Bloomberg – Och-Ziff Capital Management Group LLC (OZM) and Brevan Howard Asset Management LLP hedge funds advanced last week as some of the industry’s largest managers dodged the deepest slump for global stocks since 2008.

Och Ziff, the $30 billion firm run by Daniel Och in New York, rose 1 percent with its main fund, and Brevan Howard’s $25 billion Master Fund in London, the world’s biggest macro fund, gained 2 percent, according to people briefed on the returns.

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