Deals
Och-Ziff, Tekfen of Turkey to Sell Joint Unit to Omurga Yapi
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Och-Ziff Capital Management Group LLC, the hedge fund run by Daniel Och, and its Turkish partner Tekfen Holding AS, a construction company, applied to the country’s antitrust regulator to sell their real estate unit.
Sculptor Turkish Real Estate, a special-purpose vehicle owned by Och-Ziff and Istanbul-based Tekfen Holding, will sell the joint venture, called Tekfen OZ Gayrimenkul Gelistirme AS, to Omurga Yapi Yatirimlari AS, a Turkish real estate company, according to a filing with the Ankara-based regulator.