OZ Management Appoints Thomas M. Sipp Chief Financial Officer
April 17 2018 - 4:30PM
Och-Ziff Capital Management Group LLC (NYSE:OZM) (the “Company,” or
Oz Management” or “Oz”) announced today that its Board of Directors
has appointed Thomas M. Sipp, CFA, as Chief Financial Officer. Mr.
Sipp joins Oz from Magis Partners, where he served as Managing
Partner for the venture firm focused on wealth management products.
During the prior eight years, Mr. Sipp held several senior
executive positions at Credit Suisse, including Chief Financial
Officer and Chief Operating Officer for Credit Suisse’s Asset
Management division and Global Chief Operating Officer for Credit
Suisse’s $1 trillion Wealth & Asset Management
division. Mr. Sipp received a B.A. in Finance from Alfred
University and an M.B.A from the University of Pittsburgh.
Oz Chief Financial Officer, Alesia J. Haas, has resigned to
pursue another career opportunity in a different industry.
Ms. Haas will remain with the Company through June 1, 2018 in order
to effect a smooth transition.
“I worked closely with Tom for eight years and am excited to
have an executive of his caliber and experience join our leadership
team. We look forward to welcoming him to Oz and are confident he
will be a strong addition to the Company. We thank Alesia for her
contributions to Oz and wish her well,” said Oz Chief Executive
Officer, Robert Shafir.
About Oz Management
Oz Management is one of the largest institutional alternative
asset managers in the world, with offices in New York, London, Hong
Kong, Mumbai, Beijing, Shanghai and Houston. Oz provides asset
management services to investors globally through its
multi-strategy funds, dedicated credit funds, including
opportunistic credit funds and Institutional Credit Strategies
products, real estate funds and other alternative investment
vehicles. Oz seeks to generate consistent, positive, absolute
returns across market cycles, with low volatility compared to the
broader markets, and with an emphasis on preservation of capital.
Oz’s funds invest across multiple strategies and geographies,
consistent with the investment objectives for each fund. The global
investment strategies Oz employs include convertible and derivative
arbitrage, corporate credit, long/short equity special situations,
merger arbitrage, private investments, real estate and structured
credit. As of April 1, 2018, Oz had approximately $32.3 billion in
assets under management. For more information, please visit Oz’s
website (www.ozm.com).
Investor Relations Contact Adam Willkomm Head of Business
Development and Shareholder Services +1-212-719-7381
investorrelations@ozm.com Media Relations Contacts Jonathan
Gasthalter Gasthalter & Co. LP +1-212-257-4170
jg@gasthalter.com
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