Och-Ziff Capital Management Group LLC to Present at the 2011 Citi Financial Services Conference

NEW YORK, Feb. 24, 2011 /PRNewswire/ -- Och-Ziff Capital Management Group LLC (NYSE: OZM) today announced that Daniel S. Och, Chairman and Chief Executive Officer of Och-Ziff Capital Management Group LLC, is scheduled to give the keynote address at the 2011 Citi Financial Services Conference in New York on Thursday, March 10, 2011 at 12:15 p.m. Eastern Time. As part of this address Mr. Och will be discussing the hedge fund industry and Och-Ziff's business. Mr. Och may also comment on Och-Ziff's funds' estimated investment returns as of February 28, 2011 and estimated assets under management as of March 1, 2011. This information is expected to be made publicly available in a filing on Form 8-K on March 2, 2011.

A live audio webcast of the presentation will be available that day on the For Shareholders page of Och-Ziff's website, www.ozcap.com. An on-demand replay of the webcast will be available shortly after the event at the same web address.

About Och-Ziff Capital Management Group LLC

Och-Ziff Capital Management Group LLC is one of the world's largest institutional alternative asset managers with offices in New York, London, Hong Kong, Mumbai and Beijing.  Och-Ziff's funds seek to deliver consistent, positive, risk-adjusted returns throughout market cycles, with a strong focus on capital preservation.  Och-Ziff's multi-strategy approach combines global investment strategies, including convertible and derivative arbitrage, credit, long/short equity special situations, merger arbitrage, private investments and structured credit.  As of February 1, 2011, Och-Ziff had approximately $28.4 billion in assets under management.  For more information, please visit Och-Ziff's website at www.ozcap.com.

SOURCE Och-Ziff Capital Management Group LLC

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