Wednesday, 25 May 2016
Last updated 27 min ago
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.”