Paul Kedrosky's Infectious Greed
Top Ten Highest Paid Hedge Fund Managers
Traders Monthly has out its list
of the top 100 highest paid hedge fund managers. While these sorts of
lists are always prone to errors and missed managers, the numbers are
still staggering, as the following subset of the top ten payees shows.
Other
than shock and awe at the numbers, the main takeaway is the diversity
in the strategies underlying the comp figures. We have two energy guys,
two macro guys, two quants, a macro guy, two multi-strategy firms, and
a would-be Buffett. In other words, there are as many strategy paths as
ever to the top of the comp charts.
Name City Firm Age Est. Income John Arnold Houston Centaurus Energy 33 $1.5-2B James Simons East Setaucket, New York Renaissance Technologies Corp. 68 $1.5-$2B Eddie Lampert Greenwich, Connecticut ESL Investments 44 $1-1.5B T. Boone Pickens Dallas BP Capital 78 $1B-1.5 Stevie Cohen Stamford, Connecticut SAC Capital Advisors 50 $1B Stephen Feinberg New York Cerberus Capital 47 $800-900M Paul Tudor Jones Greenwich, Connecticut Tudor Investment Corp. 53 $700-800M Bruce Kovner New York Caxton Associates 62 $700-800M Israel Englander New York Millennium Management 58 $600-700M David Shaw New York D.E. Shaw & Co. 55 $600-700M
