Och-Ziff to Announce 2017 First Quarter Results and Host

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Och-Ziff to Announce 2017 First Quarter Results and Host Investor Conference Call on May 2, 2017

NEW YORK, April 20, 2017 (GLOBE NEWSWIRE) -- Och-Ziff Capital Management Group LLC (NYSE: OZM ) will announce its 2017 first quarter results prior to the opening of the New York Stock Exchange on Tuesday, May 2, 2017. Dan Och, Chairman and Chief Executive Officer, and Alesia Haas, Chief Financial Officer, will host a conference call the same day at 8:30 a.m. Eastern Time to review these results. To access the call, please dial +1-844-358-6790 (in the U.S.) or +1-209-905-5913 (international), and use passcode 10515460. A simultaneous webcast will be available on the Public Investors page of Och-Ziff's website ( www.ozcap.com ).

A replay will be available shortly after the call. To access the replay, please dial +1-855-859-2056 (in the U.S.) or +1-404-537-3406 (international), and use passcode 10515460. A webcast replay will also be available on Och-Ziff's website as noted above.

About Och-Ziff Capital Management Group LLC

Och-Ziff Capital Management Group LLC is one of the largest institutional alternative asset managers in the world, with offices in New York, London, Hong Kong, Mumbai, Beijing, Shanghai and Houston. Och-Ziff provides asset management services to investors globally through its multi-strategy funds, dedicated credit funds, including opportunistic credit funds and Institutional Credit Strategies products, real estate funds and other alternative investment vehicles. Och-Ziff seeks to generate consistent, positive, absolute returns across market cycles, with low volatility compared to the broader markets, and with an emphasis on preservation of capital. Och-Ziff’s funds invest across multiple strategies and geographies, consistent with the investment objectives for each fund. The global investment strategies Och-Ziff employs include convertible and derivative arbitrage, corporate credit, long/short equity special situations, merger arbitrage, private investments, real estate and structured credit. As of April 1, 2017, Och-Ziff had approximately $31.9 billion in assets under management. For more information, please visit Och-Ziff’s website ( www.ozcap.com ).

Investor Relations Contact Adam Willkomm Head of Business Development and Shareholder Services +1-212-719-7381 investorrelations@ozcap.com Media Relations Contact Joe Snodgrass Head of Corporate Communications +1-212-887-4821 joseph.snodgrass@ozcap.com

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