[ad_1] The hedge fund agency previously often known as Och-Ziff “deteriorated” below the “mismanagement” of its founder Daniel Och, forcing those that succeeded him to spend years stabilizing the Wall Road agency, the corporate stated in court docket filings. Och’s dealing with of a 2016 African bribery scandal involving the agency now rebranded as Sculptor Capital Administration Inc. broken the fund’s enterprise and steadiness sheet whereas leaving staffers reeling, attorneys stated Oct. 19 as a part of a authorized dispute over whether or not Och can get entry to the agency’s inside information. Och, amongst Sculptor’s greatest shareholders, needs a Delaware decide to order…
