Daniel Och (1961) is an American hedge fund manager, chairman, and CEO of Och-Ziff Capital Management Group, a global hedge fund and alternative asset management firm.

Daniel Och has a personal Net Worth of approximately $3.2 billion USD, according to Forbes Magazine (February 2017). He was rated 17 amongst the world’s highest earning hedge fund managers by Forbes in 2014.

Och has a B.S. in Economics from the Wharton School of the University of Pennsylvania.

He began his career in 1982 at Goldman Sachs in the Risk Arbitrage Department. He was later the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading.

In 1994, Daniel Och founded Och-Ziff Capital Management Group with $100 million initial investment from the Ziff brothers.

In February 2014 Forbes listed Daniel Och as one of the 25 Highest-Earning hedge fund managers in 2013.
on May 8, 2015, Och was targeted by the “Hedge Clippers” (an activist group) who protested outside of his residence at 15 Central Park West, New York City.

Daniel Och is somewhat of a controversial figure.

In September 2016, the U.S. government fined Och $2.2 million and the Och-Ziff fund $413 million for paying over $100 million in bribes to various African government officials.

Daniel Och pleaded guilty to a federal charge of conspiring to bribe officials in Africa and the firm agreed to pay $412 million to resolve Foreign Corrupt Practices Act violations

A few investors in his fund panicked and in may 2017 they pulled $6.9 billion out of the hedge fund firm. Assets under management have declined to $32 billion.

Nevertheless, Daniel Och’s main hedge fund, the OZ Master Fund, has posted steady performance this year and is up 4.8% in 2017.

Daniel Och sits on the board of Endeavor. He is the vice chair of Robin Hood Foundation, a charitable organization fighting poverty in New York City.

Daniel Och has a personal Net Worth of approximately $3.2 billion USD, according to Forbes Magazine (February 2017). He was rated 17 amongst the world’s highest earning hedge fund managers by Forbes in 2014.

INVESTMENT STYLE

Daniel Och offers multi-strategy funds, credit .. allocating capital amongst multiple strategies including merger arbitrage, long term short term equity special situations, convertible and derivative arbitrage, corporate credit.

His funds take advantage of its global reach managing assets in the US 51%, Europe 31%, Asia 18%. So Daniel Och is globally diversified. He is hedged against a downturn in any particular region.

Daniel Och takes advantage of his funds global reach managing assets in the US 51%, Europe 31%, Asia 18%

LEARNING RESOURCES

No material available.

In September 2016, the U.S. government fined Och $2.2 million and the Och-Ziff fund $413 million for paying over $100 million in bribes to various African government officials

CONNECT WITH INVESTOR

Follow this World Top Investor via their various social media channels and read more about their background and current investment interests on their official website:

Daniel Och
www.ozm.com

TRADING SOFTWARE

Dan Loeb targets Sony. Dan Loeb is an activist investor and founder of Third Point, which oversees about $14.5 billion in assets.

Last year the activist investor viewed Campbell soup as a bargain when Third point reported that the soup maker could fetch a takeover value of $52 to $58 per share.

A year later and the activist investor Dan Loeb targets Sony

Dan Loeb's activist hedge fund Third Point is raising an investment vehicle to generate between $500 million and $1 billion so it can continue to buy Sony shares, according to a recent report in Reuters.