The New Jersey Investment Council is redeeming $190 million from Och-Ziff Capital Management LLC, according to materials from its Sept. 28 meeting.

The withdrawal from OZ Domestic Partners is one of 11 listed in the materials for the monthly Directors Report and is part of a restructuring of the hedge fund portfolio at the pension, which voted in August to cut its target allocation to the industry by 52 percent. New Jersey still had $2 billion committed to Och-Ziff through real estate, energy and credit funds as of the end of June, according to a separate document.

The meeting occurred the day before Och-Ziff announced the settlement of a five-year bribery probe with the U.S. Securities and Exchange Commission and Department of Justice. The firm agreed to pay more than $400 million in fines, penalties and disgorgements, and enter into a deferred prosecution agreement with the Justice Department. Its OZ Africa Management GP unit pleaded guilty to conspiring to bribe officials of the Democratic Republic of Congo.

Joseph Perone, a spokesman for the New Jersey Treasury, confirmed the redemption as part of a broader effort to reduce exposure to hedge fund strategies. Joe Snodgrass, a spokesman from Och-Ziff, declined to comment.

New Jersey’s other redemptions include about $300 million from Canyon Partners, $252 million from Brevan Howard Asset Management and $62 million from Omega Advisors.