Och-Ziff Capital Management Group LLC Announces New Senior Management
Hires in Asia
NEW YORK, /PRNewswire-AsiaNet/ --
Real Estate Investment Professionals to Focus on Building out Asia Real Estate Platform
Och-Ziff Capital Management Group LLC (NYSE: OZM) (Och-Ziff), today announced that it
has hired four senior real estate investment professionals in Asia in a continued effort to
augment Och-Ziff's global real estate capabilities. The four principals will join Och-Ziff Asia
Real Estate as Executive Managing Directors and will focus on building out an Asian real
estate platform in Hong Kong, Singapore, China, India and other countries throughout Asia
and the Pacific.
The new hires include Zain Fancy, formerly Managing Director and Head of Morgan Stanley
Real Estate Investing ("MSREI") for Asia Pacific, Roy Kwok, formerly Deputy Head of MSREI
China, Bharat Khanna, formerly Head of MSREI India and Anand Madduri, formerly
Managing Director and Portfolio Manager for the MSREI Special Situations Fund for Asia.
They will be based in Singapore, China, India and Hong Kong, respectively.
Och-Ziff Asia Real Estate will make investments in a variety of real estate and real estate-
related instruments including private and public equity securities, physical real estate assets
including existing properties, development and re-development projects, non-performing and
performing loans secured by real estate, convertible debt/preferred equity and various other
real estate-related investments.
"We are very pleased to have attracted these successful and experienced real estate
investment professionals, said Dan Och, Chairman and Chief Executive Officer of Och-Ziff.
This team is well known and respected in the region. We believe their hands-on expertise
and unique understanding of the Asian real estate markets will allow Och-Ziff to identify new
opportunities that create real value for our investors."
About Och-Ziff Capital Management Group LLC
Och-Ziff Capital Management Group LLC is one of the worlds largest institutional alternative
asset managers with offices in New York, London, Hong Kong, Tokyo, Bangalore and
Beijing. Och-Ziffs funds seek to deliver consistent, positive, risk-adjusted returns throughout
market cycles, with a strong focus on capital preservation. Och-Ziffs multi-strategy approach
combines global investment strategies, including merger arbitrage, convertible and derivative
arbitrage, equity restructuring, credit and distressed investments, private investments and
real estate. As of November 1, 2008, Och-Ziff had approximately $28.3 billion in estimated
assets under management with over 700 investor relationships. For more information, please
SOURCE Och-Ziff Capital Management Group LLC
CONTACT: Investor Relations : Tina Madon, Managing Director and Head of Investor
Relations for Och-Ziff Capital Management Group LLC, +1-212-719-7381,
tina.madon@ozcap.com; or Media Relations: Steve Bruce or Chuck Dohrenwend, both of
The Abernathy MacGregor Group, for Och-Ziff Capital Management Group LLC, +1-212-371-
5999