Daniel S. Och earned a B.S. in Finance from the Wharton School of the University of Pennsylvania.
Daniel S. Och started his career at Goldman, Sachs & Co. in the Risk Arbitrage Department. Och joined Goldman’s in 1982, developing his trading skills under the department’s chief, Bob Rubin. He worked alongside such future hedge fund superstars as Richard Perry and Eddie Lampert. By the early 1990s, Och was managing Goldman’s proprietary trading group, in the Equities Division. He also Co-Headed the U.S. Equities Trading. Och spent eleven years at Goldman, Sachs & Co., where he served as a Vice President.
He left the firm in 1994 to start out on his own. With a $100 million of investment money from the Ziff Brothers, Dirk, Robert, and Daniel, the heirs to the Ziff Davis publishing fortune developed by their grandfather, Och established Och-Ziff Capital Management. Today the publicly-traded company has some $29 billion under management.
Daniel S. Och and his wife, Jane, own a home in Scarsdale that they purchased in 2004. The couple also purchased an apartment at 15 Central Park West; some of their neighbors in the building include Sandy Weill, Lloyd Blankfein, Dan Loeb, and Bob Costas. The Ochs spend vacations in Aspen at a home they purchased in 2004.