NEW YORK--(BUSINESS WIRE)--Daniel S. Och became a board member of Endeavor. Endeavor is the leading global non-profit transforming emerging market economies by supporting high-impact entrepreneurs. Mr. Och joins former World Bank President James Wolfensohn and Warner Music Chairman Edgar Bronfman, Jr. on Endeavor’s Global Board.
Mr. Och is the Senior Managing Member of Och-Ziff Capital Management Group, a firm he founded in February 1994. Today, Och-Ziff operates in the U.S., Europe and Asia, with over $25 billion in assets.
Co-founder and CEO of Endeavor Linda Rottenberg said, “Endeavor is thrilled to have Dan Och join an already top-tier global board. Dan’s vision and leadership is exactly what Endeavor Entrepreneurs need to catapult their innovative and cutting-edge businesses to the next level.”
Endeavor breaks down barriers that prevent emerging-market entrepreneurs from reaching their high-impact potential. Hailed by NYT columnist Thomas Friedman as the "mentor capitalist" model with “the best anti-poverty program of all,” Endeavor identifies entrepreneurs leading high-growth innovative companies in emerging markets. These entrepreneurs are given world-class strategic advice, access to key networks and other tools that will catapult them to success. With Endeavor's guidance they become “high-impact” – expanding employment, generating wealth and inspiring others to innovate. Often overlooked, these local entrepreneurs are now jumpstarting private sector development in their countries.
As of January 2007, Endeavor Entrepreneurs throughout Latin America, South Africa and Turkey have created 79,000 new jobs and generated over $1.9 billion in revenues. Endeavor plans to launch operations in Egypt and India in early 2008. For more information, visit www.endeavor.org.