Traders Monthly has out its list of the top 100 highest
paid income hedge funds. 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