"The trajectory we are on just doesn't seem likely to reach artificial intelligence, " Och says.
L.P. (KKR), Fortress Investment Group (FIG), and Och-Ziff Capital Management Group LLC (OZM).
The company was founded in 1994 by Daniel Och, a former Goldman Sachs trader.
Och-Ziff's IPO is backed by a large team of underwriters, led by Goldman Sachs and Lehman Brothers.
Many of them happen to be colleagues of Och's at Google, adherents of what's called the Singularity Movement.
Och-Ziff is a global alternative asset management firm headquartered in New York City.
Here's how Franz Och, a distinguished research scientist at Google, sees the present state and future of machine translation online.
Andersson traded his equity in the holding company for equity in three of the portfolio companies Metric, Alvsbyhus (Akila) and Soderberg och Haak.
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Our work suggests that Och-Ziff has significant operating leverage to assets under management, and recent inflows bode well for both revenue growth and margin expansion.
Unlike its quoted peers, Och-Ziff Capital Management and Fortress Investments, GLG chose to float with a one-vote-per-share structure, although its founders do retain dominant stakes.
Finally, we believe Och-Ziff has a strong management team, solid track record of healthy risk-adjusted returns, market share gain opportunities, accelerating fund inflows, and an attractive valuation.
Outside of the technology sector, there are two companies, Och-Ziff Capital Management and URS Corporation, that possess unique characteristics that make for attractive investments, in our opinion.
The Oz Master Fund posted a 0.69% return in April and a year-to-date return of 4.08%, according to the SEC filing Och-Ziff Capital Management made on Tuesday.
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Och-Ziff will also want to avoid the fate of Fortress Investment Group, which went public in February in an IPO that received an enthusiastic reception but has since faltered.
But Och will eventually have to score some big returns for the shares of his publicly traded hedge fund firm to reach the level of its 2007 initial public offering.
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Despite forging its strongest relationships with Goldman Sachs, the LWI also invested with Societe Generale, HSBC, JP Morgan, Carlyle Group, Lehman Brothers, and Och-Ziff Capital Management Group.
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Which is quite an admission, because Och is responsible for one of the most amazing computer programs in the world: He is head of the division at Google that runs Google Translate.
In our view, Och-Ziff offers favorable long-term growth prospects, as inflows are beginning to accelerate and the company starts to benefit from increased secular demand for alternative asset managers with consistently strong performance records.
Additionally, Och-Ziff and Hoplite Capital established new positions.
Arthur Och Sulzberger, who led The New York Times Co. through three decades of turbulent change and established the blueprint for the modern form of the company, died Saturday following a long illness.
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Och-Ziff will also want to avoid the fate of Fortress Investment Group (nyse: FIG - news - people ), which went public in February in an IPO that received an enthusiastic reception but has since faltered.
Ask Franz Josef Och the same question, though, and he says that even with a machine a thousand times more powerful than today's his program wouldn't run significantly better than it does right now, as far as most people could tell.
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