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Stock impact report

The founder of controversial hedge fund Och-Ziff is reportedly at odds with the 34-year-old who had been set to succeed him [The Business Insider]

OCH-ZIFF CAPITAL MGMT (OZM) 
Last och-ziff capital mgmt earnings: 8/2 07:26 am Check Earnings Report
The founder of controversial hedge fund Och-Ziff is reportedly at odds with the 34-year-old who had been set to succeed him Jimmy Levin. Och-Ziff. Dan Och, the founder of the world's largest publicly traded hedge fund, is at odds with his 34-year-old protégé Jimmy Levin, the Wall Street Journal reported . Levin, who has known Och since he taught Och's son how to waterski at a Wisconsin summer camp in the late 1990s, had been expected to succeed Och at Och-Ziff Capital Management. But the founder appeared to have abruptly changed his mind over Christmas weekend when Och-Ziff rushed out a letter to clients saying that Och had decided not to. Here are the main takeaways from the WSJ report: A spokesman for Och-Ziff declined to comment. Read the Wall Street Journal report here. Show less Read more
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