Och-Ziff Fourth Quarter Results Top Estimates

Summary


NEW YORK (Reuters) - Hedge fund companysaid quarterly earnings rose almost 8 percent, topping expectations, as a rise in its assets under management boosted management fees.

The company said distributable earnings per share for the fourth quarter were $303.1 million, or 74 cents per Class A share, compared to $281.4 million, or 69 cents per share in the same quarter a year earlier.

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Och-Ziff Fourth Quarter Results Top Estimates

Analysts polled by Thomson Reuters I/B/E/...

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