Och-Ziff Names SEC Vet Compliance Chief

Jul 15 2014 | 10:44am ET

Och-Ziff Capital Management has tapped a former Securities and Exchange Commission general counsel to keep it in line.

The $45.5 billion hedge fund named David Becker its new chief legal and compliance officer. Becker joins from law firm Cleary Gottlieb Steen & Hamilton and succeeds Jeff Blockinger, who plans to retire in about a year and will remain with Och-Ziff as an executive managing director and senior legal adviser until then.

Becker started at Och-Ziff yesterday, joining the firm amidst a federal probe into its African investments. Blockinger’s departure is not related to that investigation, Reuters reports.

“We are delighted to welcome an attorney of David’s caliber and experience to the Och-Ziff management team,” the firm said. “We thank Jeff for his significant contributions over the past decade.”


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of