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Och-Ziff: Keep insider, non-public information to yourself


The $33.9 billion hedge fund colossus says providing non-public information to the firm could have 'detrimental effect' on relationship.

Och-Ziff Capital Management, manager of $33.9 billion in hedge fund money, would really, absolutely--when it comes down it, in even the most extreme of circumstances--prefer if you didn't put it in a position to see any inside information.

That was the message of an email sent out Tuesday to all the firm's external partners, including brokers, research providers and vendors.

"OZM would like to remind your firm not to provide it with any material non-public information, or any information that you or your firm is obliged to keep confidential, is not authorized to disclose to OZM, or was not authorized