Och-Ziff Europe Employees Paid £59M In '10

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.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of