Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $11.57 USD
Change Today -0.02 / -0.17%
Volume 406.2K
As of 3:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

och-ziff capital managemen-a (OZM) Key Developments

The Consortium of Banks In Talks To Acquire Northern Rock's Granite.

A consortium including The Goldman Sachs Group, Inc. (NYSE:GS), The Blackstone Group L.P. (NYSE:BX) hedge fund Och-Ziff Capital Management Group LLC (NYSE:OZM), Robinson Europe Spólka Akcyjna (WSE:RBS), NRAM plc and the Special Situations arm of TPG Capital, TPG Special Situations Partners said, “A shortlist of potential buyers would be in place by the end of July but warned that extended due diligence on both transactions would follow, making it unlikely either will complete in 2015”.

Goldman, Blackstone Reportedly In Talks To Acquire Northern Rock's Granite

A consortium including The Goldman Sachs Group, Inc. (NYSE:GS), The Blackstone Group L.P. (NYSE:BX) hedge fund Och-Ziff Capital Management Group LLC and the Special Situations arm of TPG Special Situations Partners has reportedly bid for NRAM plc's $20 billion mortgage securitization vehicle, three sources familiar with the matter reported. Government-backed The Royal Bank of Scotland Group plc (LSE:RBS) (RBS) had also considered making a bid, according to people familiar with the matter, but it was unclear whether the bank submitted a proposal. The sale process was announced by the government in March 2015 and are being sold by UK Asset Resolution (UKAR).

Och-Ziff Capital Management Group LLC Presents at Keefe, Bruyette, & Woods Asset Management & Capital Markets Conference, Jun-03-2015 10:00 AM

Och-Ziff Capital Management Group LLC Presents at Keefe, Bruyette, & Woods Asset Management & Capital Markets Conference, Jun-03-2015 10:00 AM. Venue: New York, New York, United States. Speakers: Daniel Saul Och, Chairman of the Board of Directors, Chief Executive Officer, Executive Managing Director, Chairman of Exchange Committee and Member of Class B Shareholder Committee.

Och-Ziff Capital Management Group LLC Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015

Och-Ziff Capital Management Group LLC reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue jumped to $332.9 million from $285.5 million in the year-earlier period. Income before income taxes was $189,950 against $199,331 a year ago. Consolidated and comprehensive net income was $164,790 against $165,740 a year ago. Diluted earnings per class a share was $0.14 against $0.14 a year ago. GAAP net income of $25.9 million, or $0.15 per basic and $0.14 per diluted class a share, compared to $23.9 million, or $0.14 per basic and diluted class a share, for the 2014 first quarter. The year-over-year increase was primarily driven by higher management fees and incentive income, as well as lower income tax expense. These amounts were partially offset by higher operating expenses and a gain on the sale of an investment held by a joint venture in the 2014 first quarter that did not reoccur in 2015. The company’s distributable earnings - Non-GAAP for the 2015 first quarter were $126.7 million, or $0.25 per adjusted class a share, essentially unchanged from the 2014 first quarter as the decrease in economic income was offset by lower adjusted income taxes. Economic income revenues for the 2015 first quarter were $229.6 million, a 7% increase from $214.0 million for the 2014 first quarter. Incentive income was $65.3 million, 11% higher than the $59.0 million for the prior-year period. Economic income - Non-GAAP for the 2015 first quarter was $155.9 million, 3% lower than the $160.8 million for the 2014 first quarter. The year-over-year decrease in economic income was primarily due to higher operating expenses and a net gain on the sale of an investment held by a joint venture in the 2014 first quarter that did not reoccur in 2015. These decreases were partially offset by higher management fees and incentive income. Total revenues-economic income basis- Non-GAAP was $229,587 against $214,014 a year ago. For the second quarter and full year, the company estimates that effective tax rate will be in a range of 18% to 21%.

Och-Ziff Capital Management Group LLC Declares Dividend for the First Quarter 2015, Payable on May 22, 2015

On May 5, 2015, Och-Ziff Capital Management Group LLC announced that its Board of Directors declared a 2015 first quarter dividend of $0.22 per Class A share representing Class A limited liability company interests of the company. The dividend is payable on May 22, 2015 to holders of record as of the close of business on May 15, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OZM:US $11.57 USD -0.02

OZM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Apollo Global Management LLC $20.34 USD -0.23
Eaton Vance Corp $38.50 USD +0.14
Fortress Investment Group LLC $6.63 USD -0.21
Janus Capital Group Inc $16.30 USD -0.08
Waddell & Reed Financial Inc $44.61 USD -0.30
View Industry Companies
 

Industry Analysis

OZM

Industry Average

Valuation OZM Industry Range
Price/Earnings 14.4x
Price/Sales 1.3x
Price/Book NM Not Meaningful
Price/Cash Flow 14.1x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OCH-ZIFF CAPITAL MANAGEMEN-A, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.