Renaissance Capital logo

Hedge fund Och-Ziff prices shares slightly above the midpoint

November 14, 2007
OZM

Och-Ziff, a global hedge fund manager with over $30 billion in assets under management, priced its 36.0 million share offering at $32, slightly above the midpoint of the proposed $30-$33 range. Goldman Sachs and Lehman Brothers headed the list of underwriters on the deal. The stock is expected to begin trading this morning on the NYSE under the symbol "OZM."