Wednesday, 1 July 2015
Last updated 3 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.
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…