Monday, July 2, 2007

UPDATE 1-Hedge fund Och-Ziff Capital files for IPO

(Reuters) - New York-based Och-Ziff said it would offer up to $2
billion worth of Class A shares representing limited liability
company interests on the New York Stock Exchange under the
symbol OZM .




Och-Ziff was founded in 1994 by former Goldman Sachs
investor Daniel Och and the Ziff family. It is well regarded in
the secretive, $1.5 trillion hedge fund world, particularly for
its acumen in distressed debt and restructuring strategies.


Read more at Reuters.com Mergers News

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