Hedge Fund News From HedgeCo.Net

Six Hedge Fund Players Top $1 Billion Payday

New York (HedgeCo.Net) – Forbes put out a list of hedge fund executives with the most pay in 2013.  The 25 highest-earning hedge fund managers and traders made $24.3 billion in 2013.

George Soros had the highest pay, $4 billion. He was followed by David Tepper of hedge fund firm Appaloosa Management with $3.5 billion, and Steve Cohen, with $2.3 billion.

Screenshot 2014-02-27 06.27.45To determine the highest-earning hedge fund managers and traders of 2013, Forbes examined hedge fund returns and worked to understand the fee and ownership structure of a wide array of money management firms. Hedge funds generally reap fees equal to 20% of profits and 2% of assets, but found all sorts of variations on this theme.

Alex Akesson
Editor for HedgeCo.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

Related Posts Plugin for WordPress, Blogger...
This entry was posted in HedgeCo News, Hedge Fund Strategies. Bookmark the permalink.

Leave a Reply