EFTA01361336.pdf

Och-Ziff Capital Management Group OCH-ZIFF CAPITAL Multi-Strategy Approach MANAGEMENT GROUP ■ Och-Ziff has four core businesses in the U.S., Europe and Asia ■ Investment professionals across all businesses collaborate on research, industry views and investment ideas Och-Ziff Capital Management Group AUM: $46.1 billion' Convertible / Real Estate and Och-Ziff Credit Strategies Equities Derivative Other Private $16.6 billion2 $25.2 billion2 Arbitrage Investments $2.3 billion2 $3.2 billion2 • Management changes • Mathematical approach • Multiple property types • Capital structure changes • Hedging of credit and • Direct equity Opportunistic Credit Institutional Credit Strategies currency • Spin-offs/split.offs • Jointventures • Single company credit • Recapitalizations/ • REITs/REOCs arbitrage reorganizations Customized • Relative value of different • Corporate divestitures Corporate Credit Structured Credit CLO Management structured products Solutions • Liquidations/divestitures • Structured capital solutions • Corporate distressed and • Active strategies across • Seniorsecuiedloans • Commingled loan vehicles • Share class discrepancies opportunistic investing securitized products managed in a CL0 structure • dInedauisi stty pialtr oocnn usesd • Senior secured loans in • Mergers/tender offers • Other dislocated single name • Asset- based securities separate accounts • Proxy contests strategies and loans • Energy and ■ Rights offerings/exchange infrastructure offers ' As of September 1.2015 unless otherwise noted The information cornered herein is estimated based on unaudited data Nwnbers are subject to rounding 2 AUM information represents assets under management of 02 Management LP and as °deletes irrtested in each of the strategies shown as of July 1, 2015. The AUM information includes combined assets wrested through mum-strategy funds and accounts, which engage in more than one of the strategies shown, assets rented tivough funds or accounts dedicated to a single strategy and ClOs. Strategy allocations of multi.strategy funds and accounts change over time and there can he no assurance that the information shown will not change materially. AUM information for funds and accounts engaging in multiple strategies hits been calculated by adjusting to exclude leverage based on the following assumptions: ConvertibiedDenvative Arbitrage geneticy assumes a leverage ratio of 31 and Portfolio Finance, which is a sub.strategy of Convenible/Derivative Arbitrage, assumes a leverage ratio of I 13 1, which approximates the historic leverage in those strategies Synthetic Structured CrodiLvinich is a sub.strategy of Structured Credit, assumes a leverage ratio of 5'.I. Share Class LonWShort, which is a sub-strategy of Long/Short Equity Special Situations, assumes a leverage ratio of al for Asia and 10:1 for Europe. Certain non-recourse financing subsidiaries reflect capital at risk rather than the gross long market value of these entitles, given the non-recourse nature of these entities. AUM mfonnetion 111 is presented gross of accrued incentive compensation, On for funds and accounts engaging in multiple strategies does not include capital allocated to Cash arid (ill) includes Invested capital phis unheided commitments. The Investment Manager may determine that the Characteristics of a particular Investment (Le, risk, exposure, asset class, or other characterlsticsl are best represented by more than one strategy. In these situations, an investment may be divided into more then one strategy for purposes of this presentation. 0CH-ZIFF CAPITAL MANAGEMENT GROUP 3 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0050495 CONFIDENTIAL SDNY_GM_00196679 EFTA01361336