Och-Ziff Capital Management Group LLC is shutting the OZ Europe Master Fund, which has recently behind the company's other multistrategy funds, Bloomberg News reported, citing "people familiar with knowledge of the matter."
It is expected that investors will transfer their capital into the flagship OZ Master Fund, which will execute the European strategies as part of its global multistrategy portfolio, and Och-Ziff may return capital to investors in other smaller funds, according to the report.
