Hedge Fund News From HedgeCo.Net

Tepper, Icahn, Cohen top Forbes hedge fund rich list for 2012

Reuters – Five of the $2 trillion hedge fund industry’s biggest names each took home more than $1 billion inĀ earningsĀ last year, according to an analysis released by Forbes on Tuesday.

The financial magazine said hedge fund veterans David Tepper, Carl Icahn, James Simons, Steven Cohen and George Soros topped the list of big hedge fund earners in 2012, a year when the average hedge fund rose only 6 percent.

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