Hedge Fund Compensation Report Shows Increase in Pay For 2008

Filed in archive Hedgetalk on September 10, 2007

The 2008 Hedge Fund Compensation Report was released today by Glocap Search LLC, Institutional Investor News, and Lipper HedgeWorld. The report is an analysis of 2007 compensation paid by U.S. hedge funds including estimates for cash bonuses expected to be paid in early 2008. The data shows that compensation for all titles and job functions covered by the report will continue to increase.

Among other things, the 2008 Report shows that the average compensation for investment professionals with 1-4 years of experience at funds with $1-3 billion in assets under management is estimated to come in at just over $330,000. While the average compensation for investment professionals with 10 or more years of experience at hedge funds with $10 billion or more in assets under management (a new category this year and the largest in the report) is estimated to hit $2.35 million this year.

The report also estimates that fundraisers will earn average pay packages of about $730,000 this year and total cash compensation for Senior Analysts at fund of funds is expected to hit $325,000.

More at HedgeCo.