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Och-Ziff Capital Management Group LLC (OZM.N)

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29 Jun 2016
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Mon, May 16 2016

BRIEF-Fortuna Resources partners with Och-Ziff affiliates

* Says Certain Affiliates Of Och Ziff capital management group llc have committed $75 million to fortuna

Och-Ziff reports quarterly loss, takes $200 million reserve for probe

BOSTON Och-Ziff Capital Management Group LLC reported a first-quarter loss on Tuesday after setting aside $200 million to settle charges that it paid bribes to African officials in return for investments in its alternative asset funds.

REFILE-BRIEF-Och-Ziff Capital Management Q1 adj loss per Class A share $0.27

* Och-Ziff Capital Management Group reports 2016 first quarter results

BRIEF-Och-Ziff Capital Management Group Q1 revenue $188.4 mln

* Ziff capital management group llc qtrly gaap net loss allocated to class a shareholders of $0.38 per basic and diluted class a share

BRIEF-Och-Ziff says unaudited amount of AUM about $42 bln, as of May 1

* Says as of May 1, 2016, estimated unaudited amount of assets under management was about $42.0 billion Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

Bribery probe rattles Och-Ziff, once the steady eddie of hedge funds

BOSTON/NEW YORK For more than two decades, Och-Ziff Capital Management built itself into one of the world's largest hedge fund firms by staying out of the limelight with its safe and steady investing style.

Bribery probe rattles Och-Ziff, once the steady eddie of hedge funds

BOSTON/NEW YORK, April 13 For more than two decades, Och-Ziff Capital Management built itself into one of the world's largest hedge fund firms by staying out of the limelight with its safe and steady investing style.

Och-Ziff shares tumble as bribery probe spooks investors

BOSTON Och-Ziff Capital Management shares dropped 24 percent to a record low on Tuesday on the possibility that the U.S. hedge fund would have to plead guilty to bribing government officials in Africa.

UPDATE 3-Och-Ziff shares tumble as bribery probe spooks investors

BOSTON, April 12 Och-Ziff Capital Management shares dropped 24 percent to a record low on Tuesday on the possibility that the U.S. hedge fund would have to plead guilty to bribing government officials in Africa.

U.S. authorities aim for guilty plea from Och-Ziff over bribery allegations - WSJ

April 12 The U.S Justice Department is in talks with hedge fund Och-Ziff Capital Management Group LLC over a possible criminal guilty plea in relation to a five-year international bribery investigation, the Wall Street Journal reported, citing people familiar with the matter.

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