(Bloomberg) — Four employees of Daniel Ochs Och-Ziff Capital Management Group have left the hedge funds London office over the past week, two people with knowledge of the matter said.
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Antonio Batista, Jason Marino, Marco Minoli and Filipe Bergana have departed the firm, one person said, asking not to be named as details arent public. Batista was a managing director, while the other three were analysts, one person said.
Och-Ziff, which is known for its multistrategy hedge funds that speculate on everything from rising and falling stock prices to mergers and bankruptcies, has been hurt by lower performance fees and rising compensation and taxes. The fund, which has operations in the U.S., Europe and Asia, had estimated unaudited assets under management of about $46 billion on Jan. 1, down $1.1 billion over the past month.
Minoli and Batista didnt immediately reply to calls to their office numbers and mobile phones seeking comment. Bergana and Marino declined to comment when contacted by Bloomberg.
Shares of Och Ziff, one of the few publicly traded hedge funds globally, fell 1.9 percent to $11.06 in New York yesterday.
To contact the reporters on this story: Ruth David in London at firstname.lastname@example.org; Lindsay Fortado in London at email@example.com To contact the editors responsible for this story: Aaron Kirchfeld at firstname.lastname@example.org Simone Meier, Edward Evans