Och-Ziff Capital Management Group LLC Reports Results for the First Quarter of 2017

Dividend of $0.02 per Class A Share

NEW YORK, May 02, 2017 (GLOBE NEWSWIRE) -- Och-Ziff Capital Management Group LLC (NYSE:OZM) announced its results for the first quarter of 2017 and a dividend today. To view the detailed earnings press release, please visit the Public Investors page of Och-Ziff’s website (www.ozcap.com).

Dan Och, Chairman and Chief Executive Officer of Och-Ziff, and Alesia Haas, Chief Financial Officer will host a conference call on May 2, 2017, at 8:30 a.m. Eastern Time to discuss Och-Ziff’s results for the first quarter of 2017. The call can be accessed by dialing +1-844-358-6790 (in the U.S.) or +1-209-905-5913 (international), passcode 10515460. A simultaneous webcast of the call will be available on the Public Investors page of Och-Ziff’s website (www.ozcap.com).

For those unable to listen to the live broadcast, a replay will be available shortly after the call by dialing +1-855-859-2056 (in the U.S.) or +1-404-537-3406 (international), passcode 10515460. A webcast replay will also be available on the Och-Ziff’s website as noted above.

About Och-Ziff

Och-Ziff 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. Och-Ziff 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. Och-Ziff 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. Och-Ziff’s funds invest across multiple strategies and geographies, consistent with the investment objectives of each fund. The global investment strategies Och-Ziff employs include convertible and derivative arbitrage, corporate credit, long/short equity special situations, merger arbitrage, private investments, real estate and structured credit. As of May 1, 2017, Och-Ziff had approximately $32.0 billion in assets under management. For more information, please visit Och-Ziff’s website (www.ozcap.com).

Investor Relations Contact
                    Adam Willkomm
                    Head of Business Development and Shareholder Services
                    +1-212-719-7381
                    investorrelations@ozcap.com
                    
                    Media Relations Contact
                    Joe Snodgrass
                    Head of Corporate Communications
                    +1-212-887-4821
                    joseph.snodgrass@ozcap.com

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