For Top 25 Hedge Fund Managers, a Difficult 2014 Still Paid Well
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Kenneth Griffin, founder and C.E.O. of Citadel, took home $1.3 billion in 2014, topping the list. CreditLucy Nicholson/Reuters
For investors in hedge funds, like big pension funds, 2014 was not a lucrative year. But for those who managed their money, the pay was spectacular.
The top 25 hedge fund managers reaped $11.62 billion in compensation in 2014, according to an annual ranking published on Tuesday by Institutional Investor’s Alpha magazine.
That collective payday came even as hedge funds, once high-octane money makers, returned on average low-single digits. In comparison, the benchmark Standard & Poor’s 500-stock index posted a gain of 13.68 percent last year when reinvested dividends were included…
For Top 25 Hedge Fund Managers, a Difficult 2014 Still Paid Well
