Och Ziff Capital Management - Any info?

Yes. I sure do.

I heard that they're kind of a big deal...

Super smart guys running the fund; met a few of them last week at a Hedge Fund conference Florida. My firm does a lot of business with them, and everyone I deal with over there is pretty cool. Fund is good- sized, and they're running many different on-shore/off-shore funds. What will you be doing for them? P.S. Their NY office is 57th bet. 5th and 6th- the view from your office makes going to work every day worth it...

I work at another fund, though I'm always curious as to how other funds are pulling money out of the market.

Funds like ESL, Citadel, DE Shaw, SAC, Rentec, Goldman, Bridgewater, everyone pretty much knows what they do. Seems like there's relatively less intel on OZ Cap, given their size. No idea if they're a trading shop, long term investors, etc.

Funds like ESL, Citadel, DE Shaw, SAC, Rentec, Goldman, Bridgewater, everyone pretty much knows what they do.

Care to share what Renaissance Technologies does? But then again, I probably wouldn't understand if you told me. They run one of those black box operations that require a phd to really understand lol. I knew I should have gone to Cal Tech.

Anyway, I believe Och Ziff runs one of those "multi-strategy" funds so they do a lot of different things. Don't they hire ex-analysts?

Rentec is the most successful fund in the history of the world.

http://en.wikipedia.org/wiki/Renaissance_Technologies

This is a pretty complete description, I'm surprised to see that it actually contains their fee schedule.

heard a linguistics presentation given by one of them here

They do a decent amount of trading. I want to say they are in the $1B+ range, but I'll have to check

I believe their AUM is in the $17B range, I was told this my one of their employees at a NYC bar.

The insights that hedge fund legend Dan Och shared during his recent Wharton presentation could be compiled into a Jim Collins book: a "Built to Last" for the hedge fund industry.

Och has built Och-Ziff Capital Management into one of the premier money management firms in the world. Specializing in corporate event investing, Och-Ziff currently manages close to $26 billion in assets, making it one of the twenty largest hedge funds globally.

"An Extraordinary Job at an Extraordinary Place" Och's remarkable career started at one of the seminal organizations on Wall Street. Fresh out of Wharton's undergraduate program, Och joined Goldman Sachs' storied Risk-Arbitrage Department in 1982. Even at the time, he recalls, he knew that he had gotten an "extraordinary job at an extraordinary place." At 21 years of age, Och's first boss was Robert Rubin, who would later become U.S. Treasury Secretary and is now part of the three-person Office of the Chairman at Citigroup. Och's group also included such other future hedge fund luminaries as Richard Perry of Perry Capital, Thomas Steyer of Farallon Capital Management, and Eddie Lampert of ESL Investments.

Goldman was the ideal place to be in the early to mid 1980s honing the art of investing. One skill in particular that Och identifies is how risk arbitrage teaches you to make good decisions with 80% - 90% information. Understanding that future outcomes are best expressed as probabilities and expected values trains risk arbitrage investors to take a disciplined approach to managing risk.

The Goldman experience also gave Och insight into what makes firms great. The culture of the firm encouraged the recruitment of people that had the potential to be more successful at the role than the person doing the recruiting. If after a few years this turned out to be the case, the firm rewarded the hirer. This business-building approach to employee development is something Och applied in creating a powerful, regenerating organization at Och-Ziff. "I think we have more people than any hedge fund who are better at what they do than I could be at what they do," he says.

Building an Enduring Hedge Fund In 1994, Och became one of the hedge fund industry's pioneers, leaving Goldman to found Och-Ziff Capital Management with $100 million of capital from the Ziff brothers. At that time the few existing hedge funds were centered around one superstar investor such as George Soros, Julian Robertson, Michael Steinhardt, and Paul Tudor Jones. Leveraging his experience at Goldman however, Och wanted to create a lasting business rather than simply a vehicle for an individual superstar.

Nonetheless, it took a while for Och-Ziff to develop into a broader organization. When Och walked in for his first day at his new job, Och-Ziff had one-employee, a telephone and a lamp in a 7,000 square foot office. But over the years, Och-Ziff has developed a deep risk management competency, a forward-thinking approach to adding new strategies and a team-based culture. In the hedge fund industry, "barriers to entry are low," Och says. "But barriers to success are very high and occur over time."

the S-1 online, they filed last week.

O-Z is publicly traded so you can read ever detail you like.