Zimbabwe's dictator Robert Mugabe unleashed a storm of brutal, genocidal violence after losing the 2008 elections -- and now we know that it was funded by western hedge-funds and banks, led by Och-Ziff Capital Management, the largest publicly traded fund, with assistance from Blackrock, GLG Partners, and Credit Suisse, who raised $100M for Mugabe's weapons and torture-chambers in exchange for a sweetheart deal on the country's platinum mines.
Daniel Och's Och-Ziff manages $45.7B, including funds from the California Public Employees' Retirement System. Och's protege, Michael Cohen, led the charge to fund Mugabe's pogrom; while an Israeli diamond trader called Dan Gertler helped broker a joint deal with OCH to invest in mining in the Democratic Republic of Congo, another nation whose state is complicit in horrific terror-campaigns that include child soldiery and rape camps.
Och-Ziff is under investigation for its deals in Zimbabwe and DRC, including allegations that it deliberately and illegally disguised its involvmeent. Cohen left Och-Ziff in 2013, shortly after buying a $22M country estate outside London: "Ewhurst Park, the more than 900-acre spread includes a sprawling main house, cottages, a church, a large lake with ducks, a boathouse, bridges, wooded areas, fountains, and formal gardens." Cohen wouldn't provide a comment to Businessweek on the deals.
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