Comac's O'Shea Earns €42 Million

Sep 24 2012 | 2:12pm ET

Comac Capital paid its founder more than €40 million last year, the overwhelming majority of its total payout to partners.

The London-based hedge fund paid its 10 partners €54 million last year. Its highest-paid partner, likely founder Colm O'Shea, took home €42.4 million, the firm said.

That's a tidy sum, but a big comedown from 2009, when O'Shea earned €85 million of the €111 million paid out by Comac to its partners.

Coman has about €6 billion in assets under management.

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