Wednesday, 1 October 2014
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...