Oz Management Reports Second Quarter of 2018 Results

NEW YORK, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Och-Ziff Capital Management Group LLC (NYSE: OZM) (the “Company” or “Oz Management”) announced its results for the second quarter of 2018 and a dividend today. To view the detailed earnings press release, please visit the Public Investors page of Oz Management’s website (www.ozm.com).

Robert Shafir, Chief Executive Officer, and Thomas Sipp, Chief Financial Officer, will host a conference call on August 2, 2018, at 8:30 a.m. Eastern Time to discuss the Company’s results for the second quarter of 2018. The call can be accessed by dialing 1-866-393-4306 (in the U.S.) or 1-734-385-2616 (international), passcode 2361019. A simultaneous webcast of the call will be available on the Public Investors page of the Company’s website (www.ozm.com).

About Oz Management

Oz Management is one of the largest institutional alternative asset managers in the world, with offices in New York, London, Hong Kong, Mumbai, Beijing, Shanghai and Houston. The Company provides asset management services to investors globally through its multi-strategy funds, dedicated credit funds, including opportunistic credit funds and Institutional Credit Strategies products, real estate funds and other alternative investment vehicles. Oz Management seeks to generate consistent, positive, absolute returns across market cycles, with low volatility compared to the broader markets, and with an emphasis on preservation of capital. The Company’s funds invest across multiple strategies and geographies, consistent with the investment objectives of each fund. The global investment strategies employed include convertible and derivative arbitrage, corporate credit, long/short equity special situations, merger arbitrage, private investments, real estate and structured credit. As of August 1, 2018, Oz Management had approximately $33.5 billion in assets under management. For more information, please visit the Company’s website (www.ozm.com).