OZ Management Appoints Thomas M. Sipp Chief Financial Officer

NEW YORK, April 17, 2018 (GLOBE NEWSWIRE) — Och-Ziff Capital Management Group LLC (NYSE:OZM) (the “Company,” or Oz Management” or “Oz”) announced today that its Board of Directors has appointed Thomas M. Sipp, CFA, as Chief Financial Officer. Mr. Sipp joins Oz from Magis Partners, where he served as Managing Partner for the venture firm focused on wealth management products. During the prior eight years, Mr. Sipp held several senior executive positions at Credit Suisse, including Chief Financial Officer and Chief Operating Officer for Credit Suisse’s Asset Management division and Global Chief Operating Officer for Credit Suisse’s $1 trillion Wealth & Asset Management division. Mr. Sipp received a B.A. in Finance from Alfred University and an M.B.A from the University of Pittsburgh.