Och-Ziff Capital Management Group Multi-Strategy Approach OCH-ZIFF CAPITAL 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' Och-Ziff Credit Strategies $16.6 billion2 Equities $25.2 billion2 Convertible / Derivative Arbitrage $2.3 billion2 • Management changes • Mathematical approach Opportunistic Credit Institutional Credit Strategies • Capital structure changes • Hedging of credit and currency • Spin-offs/split.offs • Single company credit • Recapitalizations/ arbitrage Customized Corporate Credit Structured Credit CLO Management Solutions reorganizations • Relative value of different • Liquidations/divestitures structured products • Corporate distressed and • Active strategies across • Seniorsecuiedloans • Commingled loan vehicles • Share class discrepancies opportunistic investing securitized products managed in a CL0 structure • Senior secured loans in • Mergers/tender offers • Other dislocated single name • Asset- based securities separate accounts strategies and loans • Proxy contests ■ Rights offerings/exchange offers Real Estate and Other Private Investments $3.2 billion2 • Multiple property types • Direct equity • Jointventures • REITs/REOCs • Corporate divestitures • Structured capital solutions • dInedauisi stty pialtroocnn usesd • Energy and infrastructure ' 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