Och-Ziff assets continue to fall… $33.6B compared with peak of $48.3B

At year-end 2016, Och-Ziff Capital Management’s assets had dropped to $37.9 billion, down 16.7% for the year. Of that amount, [Read More]
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MassPRIM redeems from Brevan Howard

Massachusetts Pension Reserves Investment Management Board, which has assets of $62.7 billion, has redeemed from Brevan Howard Asset Management, reports [Read More]
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SoftBank agrees to buy Fortress for $3.3B in cash

SoftBank Group has agreed to buy Fortress Investment Group for $3.3 billion, its first major investment in an asset manager. [Read More]
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Rob Turner buys Woods’ stake in Taylor Woods …new firm called Madava Asset Management

Following a 14% loss last year, Trevor Woods and George Taylor are splitting up. ArcLight Capital Partners founder Robb Turner [Read More]
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Sightings….

  Steven Mnuchin was confirmed as Treasury Secretary today by a 53-47 vote along party lines. All 52 Republicans voted [Read More]
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