Daniel Och

Daniel S. Och
Daniel Och at the World Economic Forum annual meeting in 2009
Born	1961
Nationality	American
Alma mater	University of Pennsylvania
Occupation	Investor, hedge fund manager, and philanthropist
Known for	Founding and leading Och-Ziff Capital Management
Net worth	US$3.2 billion(February 2017)
Spouse(s)	Married
Children	3
Parent(s)	Golda and Michael Och

Daniel Och (born 1961) is an American investor, hedge fund manager, and philanthropist. He is the chairman and CEO of Och-Ziff Capital Management Group, a global hedge fund and alternative asset management firm.

According to Forbes Magazine he has a net worth of US$3.2 billion (as of February 2017), down from his 2016 net worth of $3.7 billion.

Och is the son of Golda and Dr. Michael Och. Och grew up in Maplewood, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents. In December 2010, Och donated $15 million to the school, effectively doubling its endowment. Och has a B.S. in Economics with a concentration in Finance from the Wharton School of the University of Pennsylvania.

In 1982, Och began his career at Goldman Sachs in the Risk Arbitrage Department. He was later the Head of Proprietary Trading in the Equities Division and Co-Head of U.S. Equities Trading. He worked at Goldman Sachs for 11 years. In 1994, Och founded Och-Ziff Capital Management Group with $100 million initial investment from the Ziff brothers (see Dirk Edward Ziff, Daniel M. Ziff, Robert D. Ziff), heirs to publishing magnate William Bernard Ziff, Jr. Och-Ziff completed an initial public offering in 2007, listing its shares on the initially at a price of $32.00. The company's stock has declined significantly since the IPO, reaching its all-time low of 3.29 on July 22, 2016.