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solfnod's picture

$363M is average pay for top hedge fund managers

solfnod's picture

On second thought I should

On second thought I should have put this in the hedge fund section...I don't see any way to delete it now though, sorry.

BanKing's picture

Best paid in the business

Read on the FT that the best paid was earning some USD 1.5bn, and two others had also earned more than a billion! I think it was Renaissance Capital that paid best, am not sure though.

MikiLzrd's picture

WOW

Very impressive!.. but the better question would be: How much does the AVERAGE hedge-fund manager make?

AgreeWitMe's picture

i think you question is

i think you question is answered within the title of the thread.

nycguy79's picture

no

his question i think is average of all hedge fund managers... not average of the best...

AgreeWitMe's picture

my bad

my bad

flashpwb's picture

still a good amount of money

with 2/20 average fees, even average managers are doing well.

smuguy97's picture

Agreed, I'm sure average

Agreed, I'm sure average managers are doing well Problem is, most are "doing well" b/c of the 2, not the 20 (e.g., I'd do pretty well on a 2/20 structure by raising $1B in putting it in index funds. In fact I'd probably beat half of those "average" managers)

ambione's picture

anybody know the mean?

ill bet its a lot lower

Studio27's picture

it is..

that's the upper echelon, but even for top 25% or even top 10% that's a lot of cash

zonk's picture

there are apparently 6000

there are apparently 6000 hedge funds... your saying at 600 of the top, the average person is making 300mm a year??? If you look at a top 100 list the 100th name is like a 3bn fund which is no where near the 300mm mark.

foozzz's picture

only the top

that is only the top

MikiLzrd's picture

do you have the top 100?

do you have the top 100?

thedude's picture

TOP 100???

anyone got the list?

goldenboy313's picture

Not Too Bad

Where do i sign up?

goldenboy313's picture

Do You Think?

Do you think they do it for the money?

ducati749's picture

money

they all do it for the money

gunboatdiplomat's picture

I'm not so sure of that, if

I'm not so sure of that, if you've got as much money as Cohen does and don't spend much of it/can afford almost literally whatever you want, you don't get up at 6.30am to make more money.

ass2007's picture

average comp...

like we'll ever get there... also do not forget to paste the info the ones that went bust...market is so volatile and so difficult to beat...

edmunsta's picture

The $363 mil figure was an

The $363 mil figure was an average of the top 26 hedge fund managers. Out of around 7000-8000. Number 26 made $130mil.

Seanc's picture

Money Money Money

Money Money Money Money...MOOOONNNNNEYYY !

dazed101's picture

yup, bring out the moolah.

yup, bring out the moolah.

GoldwingX's picture

no it says TOP dang it

no it says TOP dang it

de0cy's picture

Id also like to know what

Id also like to know what the comp is across the entire industry, with sigma.