Monday, 29 June 2015
Last updated 1 hour ago
Jan 7 2010 | 2:07am ET
Last year, following one of their firm’s worst-ever years, the heads of GLG Partners took a voluntary pay cut. But things have turned around, and Noam Gottseman, Emmanuel Roman and Pierre Lagrange will all be paid in full this year.
The trio took the pay cut in April. This year, they’ll each get $1 million in salary, with bonuses to come, the Financial Times reports.
Meanwhile, the New York-based Gottesman has moved to keep his million away from British tax authorities and their new 50% top income tax rate. Gottesman, who received half of his US$800,000 last year in London and half in New York, will this year get all but US$200,000 paid out of New York.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…