Och-Ziff Capital Management Group plans to announce its 2014 fourth quarter and full year results, and its 2014 fourth quarter dividend, on February 5 in a press release that will be issued prior to the opening of the New York Stock Exchange, CNNMoney said.
The press release will also be available on the company’s website, the report said.
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Chairman and CEO Daniel Och and CFO Joel Frank plan to host a conference call that day at 8:30 a.m. Eastern Time to review these results. The call will be open to the public. A simultaneous webcast of the call will be available to the public on a listen-only basis on the company’s website, CNNMoney said.
For those unable to listen to the live broadcast, a replay will be available for two weeks, beginning approximately two hours after the event. A webcast replay of the event will also be available on the website, according to the report.
Och-Ziff Capital Management Group is one of the largest institutional alternative asset managers in the world with offices in New York, London, Hong Kong, Mumbai, Beijing, Dubai and Shanghai. Och-Ziff provides asset management services to investors globally through its multi-strategy, credit, real estate and equity funds, CLOs and other alternative investment vehicles, CNNMoney said.
Och-Ziff’s funds invest across multiple strategies and geographies, consistent with the investment objectives for each fund. The global investment strategies Och-Ziff employs include convertible and derivative arbitrage, corporate credit, long/short equity special situations, merger arbitrage, private investments, real estate and structured credit, the report said.
As of January 1, 2015, Och-Ziff had approximately $46.0 billion in assets under management, CNNMoney said.
Meanwhile, a report claimed that Och-Ziff is suspected of improper business dealings in Africa.
According to Axis of Logic, the company is under investigation regarding its mining deals in Zimbabwe and the Democratic Republic of Congo, including allegations that it deliberately and illegally disguised its involvement. Bloomberg released a story on the allegations in August.
