Och-Ziff Capital Management Group Files Registration Statement for Initial Public Offering

NEW YORK, July 2 /Xinhua-PRNewswire/ -- Och-Ziff Capital Management Group LLC announced today that it has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A shares representing Class A limited liability company interests. The firm intends to apply to list its Class A shares on the New York Stock Exchange under the symbol OZM.

Och-Ziff is a leading international, institutional alternative asset management firm and one of the largest alternative asset managers in the world.

Goldman, Sachs & Co. and Lehman Brothers Inc. are serving as co-lead managers for the proposed offering.

The offering will be made only by means of a prospectus. A copy of the prospectus relating to this offering, when available, may be obtained from the Prospectus Department of Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, fax number +1-212-902-9316 or email; or Lehman Brothers Inc., c/o Broadridge, 1155 Long Island Avenue, Edgewood, New York 11717, fax number +1-631-254-7140.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective.

For more information, please contact:

Steve Bruce or Chuck Dohrenwend

The Abernathy MacGregor Group, for Och-Ziff Capital Management Group

Tel: +1-212-371-5999

Source: Och-Ziff Capital Management Group LLC