Och-Ziff Funds Gain, Mostly Recoup '08 Losses

Summary


BOSTON (Reuters) - Hedge fund firm Och-Ziff Capital Management's funds are delivering double-digit returns and have mostly recouped last year's heavy losses, allowing the industry titan to soon begin charging incentive fees again.

The New York-based firm's flagship OZ Master Fund, Ltd gained 17.06% in the first eight months of 2009 after having lost 15.9% last year when most hedge funds suffered heavy losses during the financial crisis.

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Och-Ziff Funds Gain, Mostly Recoup '08 Losses

The information was released in a regulatory filing on Wednesday [Sept. 2].

Och-Ziff, whos...

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