Profile: Och-Ziff Capital Management Group LLC (OZM.N)
27 Aug 2014
Och-Ziff Capital Management Group LLC (Och-Ziff), incorporated on June 6, 2007, is an institutional alternative asset managers. The Company serves the investment needs of a diversified institutional base, providing asset management services through its funds, which pursue a range of global investment opportunities. The Company manages multi-strategy funds, credit funds, CLOs, real estate funds and other alternative investment vehicles. Its funds make investments in many regions around the world offered by few alternative asset management firms.
The Company conducts its operations through its segment, the Och-Ziff Funds segment, which provides asset management services to its hedge funds and other alternative investment vehicles. The Company’s Other Operations primarily consists of its real estate business, which provides asset management services to its real estate funds. The Company’s four main multi-strategy funds are described below. As of December 31, 2012, these funds comprised approximately 80% of its assets under management. As of December 31, 2011, Och-Ziff managed four main investment funds: OZ Master Fund, OZ Europe Master Fund, OZ Asia Master Fund and OZ Global Special Investments Master Fund.
OZ Master Fund is the Company’s flagship, global, multi-strategy fund. The OZ Master Fund opportunistically allocates capital between the underlying investment strategies described in North America, Europe and Asia. The OZ Master Fund’s European and Asian investments mirror those made in the OZ Europe Master Fund and the OZ Asia Master Fund, respectively. As of January 1, 2013, the OZ Master Fund’s geographic allocation was 65% in North America, Central America and South America, 21% in Europe, Africa and the Middle East and 14% in Asia, Australia and New Zealand. OZ Europe Master Fund is a multi-strategy fund that opportunistically allocates capital between the underlying investment strategies described below in Europe, Africa and the Middle East. OZ Asia Master Fund is a multi-strategy fund that opportunistically allocates capital between the underlying investment strategies described below in Asia, Australia and New Zealand. OZ Global Special Investments Master Fund allocates capital globally to private investments, as well as to the other strategies described below. This fund has a higher concentration of investments that tend to be longer term than the investments the Company makes in its other multi-strategy funds.
As of December 31, 2012, the Company managed assets under management in its credit funds. These funds make investments in a range of structured and corporate credit assets, primarily in the United States and Europe. The Company’s real estate funds generally make investments in commercial and residential real estate in North America, including real property, multi-property portfolios, real estate related joint ventures, real estate operating companies and other real estate related assets.
Och-Ziff Capital Management Group LLC
SUITE 1300, 9 WEST 57TH STREET
NEW YORK NY 10019