Stock Research and Analysis

by Stephen Ellis

Bulls Say

For investors interested in multi-strategy hedge funds, Och-Ziff is one of the best choices available with its low-volatility returns approach.
Och-Ziff’s hedge fund model means that it does not have to engage in constant capital-raising efforts to replace assets that would normally exit a private equity fund once a company is sold to another buyer.
Och-Ziff is typically more aggressive than peers with regards to paying out dividends, with a payout ratio using distributable earnings in the 80%-95% range versus the 50%-60% range of peers. Read more 

Bears Say

Och-Ziff has consistently stated that it will wait on developing a fund for the individual investor market, which we fear will place it significantly behind more aggressive competitors.
We question whether Och-Ziff has the scale needed to successfully grow real estate AUM and position itself to grab the best opportunities given the heated competition in the space.
Och-Ziff does not have an infrastructure-related fund effort, which has been attracting inflows at peers. Read more 

Management

Daniel Och has been calling the shots at Och-Ziff since he founded the firm with Ziff Brothers Investments in 1994. Och honed his skills at Goldman Sachs for more than a decade, working in the risk arbitrage and equity trading operations of the investment   Read more 

Profile

Och-Ziff is an alternative asset manager focused primarily on servicing institutional investors. The firm has three primary funds--OZ Master Fund, OZ Europe Master Fund,  Read more 

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