Hedge Funds & Top Paid Managers

From Wikipedia, the free encyclopedia

In most jurisdictions, hedge funds are open only to a limited range of professional or wealthy investors who meet criteria set by regulators, and are accordingly exempted from many of the regulations that govern ordinary investment funds. Investors who pay a performance fee to the fund's investment manager

As the name implies, hedge funds often seek to hedge some of the risks inherent in their investments using a variety of methods, notably short selling and derivatives.

The 25 largest hedge fund managers had $519.7 billion in assets under management as of December 31, 2009. The top five hedge funds are:

JP Morgan Chase ($53.5 billion)
Bridgewater Associates ($43.6 billion)
Paulson & Co. ($32 billion)
Brevan Howard ($27 billion)
Soros Fund Management ($27 billion)

Top Earning Hedge Fund Mangers 2009 NET Compensation


1.David Tepper, Appaloosa Management                         Est. 2009 personal earnings: $4.0 billion

2. George Soros, Soros Fund Management                      Est. 2009 personal earnings: $3.3 billion

3. James Simons, Renaissance Technologies                     Est. 2009 personal earnings: $2.5 billion

4: John Paulson, Paulson & Company                              Est. 2009 personal earnings: $2.3 billion

5: Steve Cohen, SAC Capital Advisors                            Est. 2009 personal earnings: $1.4 billion

6. (tie): Carl Icahn, Icahn Capital                                     Est. 2009 personal earnings: $1.3 billion

6. (tie): Edward Lampert, ESL Investments                      Est. 2009 personal earnings: $1.3 billion

A "lightly" regulated industry pays well doesn't it! In comparison, let’s look at: CEO’s, movie stars, sports, entertainers, etc –tomorrow’s blog post. Oh, by the way, CEO's get alot of attention for how much they earn!