OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC (NYSE:OZM) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
Company) issued a summary press release and a detailed earnings
press release reporting of its financial results for the quarter
ended March 31, 2017. A copy of the Companys summary press
release is attached as Exhibit 99.1 and the detailed earnings
press release is attached as Exhibit 99.2, and each is
incorporated by reference.
information in the detailed earnings press release and the
conference call the Company is hosting on May 2, 2017, to discuss
its financial results for the quarter ended March 31, 2017.
Reconciliations of these non-GAAP financial measures to the most
comparable GAAP financial measures are contained in the detailed
earnings press release. These non-GAAP financial measures should
be considered in addition to and not as a substitute for, or
superior to, financial measures presented in accordance with
GAAP.
exhibits attached hereto, shall not be deemed filed for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that section. The
information in this Current Report on Form 8-K shall not be
incorporated by reference into any filing or other document to
the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such filing or
document.
declared a dividend for the first quarter of 2017>of $0.02 per
Class A share, representing Class A limited liability company
interests of the Company. The dividend is payable on May 19,
2017, to holders of record as of the close of business on May 12,
2017.
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Exhibit
No.
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Description
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99.1
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Summary press release of the Company, dated May 2,
2017, reporting financial results for the quarter ended March 31, 2017, and the announcement of a dividend. |
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99.2
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Detailed earnings press release of the Company, dated
May 2, 2017, reporting financial results for the quarter ended March 31, 2017, and the announcement of a dividend. |
About OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC (NYSE:OZM)
Och-Ziff Capital Management Group LLC (Och-Ziff) is an institutional alternative asset manager. The Company provides asset management services through its funds, which pursue a range of global investment opportunities. The Company operates through two segments: the Och-Ziff Funds and Other Operations. The Och-Ziff Funds segment provides asset management services to its multi-strategy funds, credit funds and other alternative investment vehicles. Its Other Operations segment includes real estate business, which provides asset management services to its real estate funds. It offers customized solutions within and across its product platforms to help its fund investors meet their investment objectives. Its global multi-strategy fund, The OZ Master Fund, allocates capital between its investment strategies in North America, Europe and Asia based on market conditions. It manages assets under management in its Institutional Credit Strategies products, real estate and other funds. OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC (NYSE:OZM) Recent Trading Information
OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC (NYSE:OZM) closed its last trading session up +0.02 at 2.41 with 548,670 shares trading hands.