Thursday, 31 July 2014
Last updated 18 hours ago
May 10 2011 | 12:43pm ET
Och-Ziff Capital Management's London team split £59.2 million in pay last year as the hedge fund continued to bounce back from the financial crisis.
The average Och-Ziff Management Europe employee—there are 62 of them, up from 58 in 2009—took home about £30,000 more in total compensation last year than in the prior year, according to regulatory filings. Of course, the proceeds aren't actually split evenly; the highest-paid director received £5.6 million.
The London-based unit swung to a profit last year, earning £13.2 million, compared to a £3.7 million loss in the previous year, as fee revenue jumped almost £25 million to £89.4 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…