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Daniel Och

Daniel Och

D. Och
5.92% | + $233.00M
$4.17 B ₹ 37,926 Cr
Real Time Net Worth #1006 Ranking as of 21 Feb 2026 By Forbes

More on Daniel Och

Gender

Male

Age

65Y

Country

United States

Born On

January, 1961

Deceased

No

Relationship Status

Married

Children

3

Education

University Of Pennsylvania, The Wharton School - Bachelor Of Science In Economics

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Hedge Fund)

Primary Organization

Willoughby Capital

Titles

Founder

Sources of Wealth

Sculptor Capital Management

Industry

Finance, Investments, Hedge Funds

About Daniel Och


D aniel Och is an American billionaire hedge fund manager and the founder of Och-Ziff Capital Management, which has since been rebranded as Sculptor Capital Management. After a successful career at Goldman Sachs, where he became the head of proprietary trading in the equities division, Och founded his own hedge fund in 1994 with a reported $100 million in seed capital from the Ziff brothers.

He built his firm into one of the largest and most successful hedge funds in the world, with a multi-strategy approach to investing. He took the company public in 2007 in one of the first major hedge fund IPOs. However, his later years at the firm were marred by a major bribery scandal in Africa, which led to the firm paying a massive fine to U.S. authorities. Och eventually stepped down as CEO and chairman and has since been involved in a public and acrimonious battle with the new leadership of the firm he founded. He now manages his personal fortune through his family office, Willoughby Capital.

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Quick Reads


  • Founder of the hedge fund Och-Ziff Capital Management (now Sculptor Capital).
  • A former proprietary trader at Goldman Sachs.
  • Built his firm into one of the world's largest hedge funds.
  • His firm was involved in a major foreign bribery scandal.
  • Now runs his family office, Willoughby Capital, after leaving the firm he founded.

Early Life and Background


Daniel 'Dan' S. Och is an American billionaire investor and the founder and former CEO of Och-Ziff Capital Management Group (now Sculptor Capital Management, NYSE: SCU), a major hedge fund specializing in alternative assets. His background is rooted in elite finance: he graduated with a degree in Economics from the Wharton School of the University of Pennsylvania.

Och began his career on Wall Street at Goldman Sachs in 1982, rising quickly through the ranks to become the head of the firm's powerful proprietary trading department and co-head of its U.S. Distressed Debt Business. This experience in high-risk, high-return trading and distressed asset management provided him with the financial discipline and deep market insight that would define his entrepreneurial venture in the hedge fund world.

Career Journey of Daniel Och


Daniel Och founded Och-Ziff Capital Management Group in 1994 with financial backing from the Ziff family (publishing). His founding vision was to build a multi-strategy alternative asset manager focused on event-driven, risk-averse strategies that spanned distressed debt, real estate, and leveraged finance. Och-Ziff grew into one of the largest hedge funds in the world, managing over $40 billion in assets at its peak.

The later part of his career was dominated by a major FCPA (Foreign Corrupt Practices Act) controversy involving the firm's activities in Africa, which resulted in a massive $400 million settlement with the U.S. government in 2016. The controversy led to a massive outflow of client cash, forcing the firm to shrink its hedge fund product and eventually rebrand to Sculptor Capital Management in 2019. Och stepped down as CEO in 2018, securing his multi-billion dollar fortune, but his legacy remains complex, blending immense financial success with high-profile governance challenges.

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Daniel Och's Timeline


1982:

Joins Goldman Sachs, eventually heading its proprietary trading department (Corporate Entry).

1994:

Founds Och-Ziff Capital Management Group with backing from the Ziff family (Founding).

2014:

The firm reaches its peak, managing over $40 billion in assets (Financial Apex).

2016:

The firm agrees to a $400 million FCPA settlement with the U.S. government (Controversy).

2018:

Steps down as CEO (Executive Transition).

2019:

The firm officially rebrands to Sculptor Capital Management (Corporate Restructuring).

Major Business Ventures and Investments


Daniel Och's wealth is concentrated in his founding equity from Och-Ziff Capital Management Group (now Sculptor Capital Management) and his subsequent private investment capital.

  • Och-Ziff Capital Management Group (Founder & Former CEO): The core asset, a major multi-strategy hedge fund specializing in alternative assets and distressed debt. The firm rebranded to Sculptor Capital Management.
  • Goldman Sachs Experience: His tenure there included heading the proprietary trading department, providing crucial trading expertise.
  • Investment Strategy: His philosophy is rooted in event-driven, multi-strategy investing and financial engineering across global markets.
  • Settlement: The firm faced a $400 million FCPA settlement with the U.S. government in 2016.

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Philanthropy and Social Impact


Daniel Och is a dedicated philanthropist, focusing his giving on education, healthcare, and Jewish organizations. His personal philanthropy supports his alma mater, the Wharton School, and major health institutions.

His structural contribution is tied to his role as a hedge fund leader who influenced the structure and practice of alternative asset management globally. His later career highlights the significant corporate governance and ethical responsibilities that accompany global financial power.

Fashion, Style, and Lifestyle


Daniel Och maintains the highly professional, disciplined style of a senior hedge fund executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of stability and focused competence, reflecting the high-stakes, quantitative world of hedge fund management.

Residing in New York City, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the strategic management of capital, blending financial excellence with the navigation of complex global governance issues.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He founded Och-Ziff Capital Management (now Sculptor Capital Management).
  • He worked at Goldman Sachs, heading its proprietary trading department.
  • The firm managed over $40 billion in assets at its peak.
  • His firm faced a $400 million settlement over FCPA violations.
  • He holds an Economics degree from the Wharton School.
  • The company rebranded to Sculptor Capital Management in 2019.
  • His wealth is tied to the successful management of distressed debt and alternative assets.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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