(Reuters) Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, says that he plans to raise $750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one. Och, who started Och-Ziff in 1994, retired as its chief executive in 2018 and left the firm, which is now called Sculptor Capital Management, last year.
Billionaire U.S. investor Dan Och seeks $750 million for SPAC
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