Wednesday, 1 April 2015
Last updated 4 hours ago
Jun 14 2010 | 11:46am ET
A good year for Och-Ziff Capital Management’s hedge fund meant a great year for the firm’s London-based employees.
The 58 people working at Och-Ziff Management Europe saw their average pay almost double last year, according to regulatory filings. On average, Och-Ziff paid the Londoners £830,000 apiece, with an addition £90,000 spent per head on pension costs and other benefits. All told, the firm paid out £53.5 million in total compensation in 2009.
In 2008, Och-Ziff Europe’s 64 employees took home a total of £34 million in compensation and benefits.
Och-Ziff’s hedge fund enjoyed double-digit returns in 2009.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…