Och-Ziff reports stronger earnings beats Wall Street estimates

BOSTON | Fri Aug 2, 2013 7:42am EDT
BOSTON Aug 2 (Reuters) – Och-Ziff Capital Management Group LLC posted higher-than-expected quarterly earnings on Friday, beating analysts' expectations,, as the hedge fund firm earned more in fees and paid less in taxes.
For the second quarter, the company reported distributable earnings, excluding costs related to its November 2007 initial public …

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