Advancement Services Report

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Tuesday, September 11, 2007

Bonuses For Hedge Fund Managers Clipped

The credit crunch will affect the bonus structure of hedge fund managers. However, if you have prospects that run hedge funds, don't fret about their ability to give. The bonus increase will only be between 1 and 9 percent, as opposed to a projected bonus increase of up to 20 percent. This article from Investment News has more details.

By Aaron Siegel
September 11, 2007

Turmoil in the credit markets have taken a bite out of the bonuses for hedge fund managers this year, according to a report.

Cash bonuses paid out to hedge fund managers are seen increasing between 1% and 9% from the previous year, marking a "substantially lower" increase than predicted before the credit crunch, according to the 2008 Hedge Fund Compensation report, which was released yesterday by Glocap Search LLC, Institutional Investor News and Lipper HedgeWorld.

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