Breaking Hedge Fund News






Each business day HedgeCo.Net keeps you informed with the top hedge fund industry news, opinion and insight from around the globe. From the latest hedge fund launches, to the impact of regulation, competition, and investor activism - we track the topics and people that make a difference to you.

Explore the most informative hedge fund articles and take the news with you, using HedgeCo's Hedge Fund News RSS

Still want more? Browse the hedge fund blogs, authored by hedge fund industry experts.


News Categories
Today is Monday, February 13, 2012 at 
- Countdown to Market Close:

Goldman’s $100 Million Man Walks

Wednesday, July 9, 2008 : Permalink

The Money Times- A $100 million here, a $100 million there, and pretty soon you’re talking about real compensation. U.K.-based hedge fund manager GLG Partners (NYSE: GLG) announced today that it has hired Goldman Sachs (NYSE: GS) partner Driss Ben-Brahim. In 2006, Ben-Brahim sent the London press into a frenzy when it was reported that he earned a $100 million payday.

With those kinds of numbers being thrown around, leaving Goldman might look like an odd decision, but Ben-Brahim can always point to the man whose shoes he’ll be filling. GLG is losing its highest-profile portfolio manager, Greg Coffey, who is walking away from a $250 million stock payday to launch his own fund.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...

Comments are closed.

Tags:
, , , , , , , , ,

trackback from your site