Daniel Och

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Daniel S. Och
Daniel S. Och - World Economic Forum Annual Meeting Davos 2009.jpg
Daniel Och at the World Economic Forum annual meeting in 2009
Born 1961
Nationality American
Ethnicity Jewish
Alma mater University of Pennsylvania (B.S.)
Occupation Chairman and Chief Executive Officer of Och-Ziff Capital Management Group
Known for Founder of the Och-Ziff Capital Management Group
Net worth Increase US$3.9 billion (February 2015)[1]
Spouse(s) Married
Children 3
Parent(s) Golda and Michael Och

Daniel Och (born 1961) is the chairman and CEO of Och-Ziff Capital Management Group, a global hedge fund and alternative asset management firm.[2]

Early life[edit]

Och is the son of Golda and Dr. Michael Och. Och grew up in Maplewood, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents.[3] In December 2010, Och donated $15 million to the school, effectively doubling its endowment.[4] Och has a B.S. in Economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.[5]


In 1982, Och began his career at Goldman Sachs in the Risk Arbitrage Department. He was later the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading. He worked at Goldman Sachs for 11 years.[5] In 1994, Och founded Och-Ziff Capital Management Group with $100 million initial investment from the Ziff brothers (see Dirk Edward Ziff, Daniel M. Ziff, Robert D. Ziff), heirs to publishing magnate William Bernard Ziff, Jr.[1] Och-Ziff completed an initial public offering in 2007, listing its shares on the New York Stock Exchange initially at a price of $32.00. The company's stock has declined significantly since the IPO, reaching its year-to-date low of $3.98 on November 20, 2008.[6]

In February 2014 Forbes listed Daniel Och as one of the 25 Highest-Earning hedge fund managers in 2013. His 2013 total earnings of $400 millions ranks him the 17th among the 25 top earning hedge fund managers. [7]

On May 8th, 2015, Och was targeted by the "Hedge Clippers" activist group, who protested outside of his residence at 15 Central Park West, New York CIty.[8]

Philanthropy and political contributions[edit]

Och sits on the board of Endeavor.[9] He is the Vice Chair of Robin Hood Foundation, a charitable organization fighting poverty in New York City.[10]

In 2008, Och donated $28,500 to Democratic Senatorial Campaign Committee.[11]

Personal life[edit]

Och is married with three children.[1] Och's personal interests include philanthropy, skiing, and history.[12] He has a $20 million home in Southampton, New York.[13]


External links[edit]