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Report: Och-Ziff Capital targets $2B for opportunistic real estate fund

Sep 18, 2018 - SNL Financial
Board and Executive Moves

Och-Ziff Capital Management Group LLC is looking to raise $2 billion for its fourth opportunistic property fund as soon as the end of 2018, Bloomberg Markets reported, citing unnamed sources.

The fund would be the New York-based hedge fund manager's largest real estate investment vehicle, following new leadership and other changes at the firm.

Additionally, Och-Ziff pulled in about $750 million for a real estate debt strategy and is collecting a $150 million tax-exempt affordable-hou...