Another blow for Och-Ziff as Goldman pulls retirement cash

• Nearly all of a multi-strategy fund Goldman arranged for employees will liquidate by September 1, reports Bloomberg. Managed by Och-Ziff (NYSE:OZM), the fund fell 6.9% over the past year, with assets dropping to about $350M from $423.6M in March.
• Och-Ziff has seen clients pull $3.1B from its funds in the 12 months ended in June, and another $3B through August, bringing AUM down to $39.1B.