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

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR