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Och-Ziff's (OZM) CEO Dan Och on Q3 2017 Results - Earnings Call Transcript

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Och-Ziff Capital Management Group LLC (OZM) Q3 2017 Earnings Conference Call November 2, 2017 8:30 AM ET


Dan Och - Chairman, Chief Executive Officer

Alesia Haas - Chief Financial Officer

Adam Willkomm - Head of Business Development and Shareholder Services


Robert Lee - KBW

Gerald O'Hara - Jefferies

Mike Needham - Bank of America

Jack Huller - Citigroup

Will Cuddy - JPMorgan

Jonathan Casteleyn - Hedgeye


Good morning, everyone and welcome to the OZ Management’s Third Quarter 2017 Earnings Call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to introduce your host for today’s conference, Adam Willkomm, Head of Business Development and Shareholder Services at OZ Management.

Adam Willkomm

Thanks Leandra. Good morning everyone and welcome to our call. Joining me are Dan Och, our Chairman and Chief Executive Officer; and Alesia Haas, our Chief Financial Officer.

Today’s call may include forward-looking statements, many of which are inherently uncertain and outside of our control. Before we get started, I need to remind you that OZ Management’s actual results may differ, possibly materially, from those indicated in these forward-looking statements.

Please refer to our most recent SEC filings for a description of the risk factors that could affect our financial results, our businesses and other matters related to these statements. The company does not undertake any obligation to publicly update any forward-looking statements.

During today’s call we will be referring to economic income, distributable earnings, and other financial measures that are not prepared in accordance with U.S. GAAP. Information about and reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are available in our earnings release, which is posted

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