Och-ziff Changes Leadership Co-cio Windreich To Retire Letter


BOSTON – Och-Ziff Capital Management Group LLC is putting a new generation into top leadership positions roughly five months after bringing in an outsider as chief executive to end a battle for control of the investment firm.

The New York-based firm told investors in a letter sent on Thursday and seen by Reuters that Jeff Lin had been promoted to head of U.S. equities, Ghassan Ayoub will run convertible and derivative arbitrage alone and Peter Wallach was named head of risk management. The firm invests $33 billion.

David Windreich, who founded Och-Ziff with Dan Och in 1994, will retire, leaving James Levin as the firm’s sole chief investment officer.

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