Hedge Fund Earnings Preview; Fortress, Och-Ziff

According to Credit Suisse Group AG (NYSE:CS) the hedge fund managers to report solid trends in 2Q 13 despite the broad-based  June  declines  in  equity  and  bond  market  prices.

Credit Suisse: Reduce EPS at FIG/OZM; Still Expect Beat from FIG

Specifically, Credit Suisse Group AG (NYSE:CS) still expect a beat from Fortress Investment Group LLC (NYSE:FIG) driven by incentive income, and while they estimate in-line EPS for Och-Ziff Capital Management Group LLC (NYSE:OZM), they believe OZM will post 13 percent annual organic growth driven by a $0.6 billion CLO raise. CS “core” alternative flow estimate (x-CLO) for Och-Ziff Capital Management Group LLC (NYSE:OZM) is also...