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We all know that hedge funds returns in November were awful. Just down right bad, and returns may stay depressed for a while. So on the surface, it would appear that Och-Ziff picked the worst time... Read more...
You have to give Och-Ziff and its bankers credit for managing to go public in a really awful environment. It is not surprising that its dipped a bit in the after-market. It will likely be seen as... Read more...
Och-Ziff, a hedge fund firm founded by an ex-Goldman Sachs employee among others, seems to be the first pure U.S.-based hedge fund to file for an initial public offering. The others, like Fortress,... Read more...