Institutional Investors Alpha have released the 2012 hedge fund manager rich list this week. And was it a good year for hedge fund managers despite the volatile economic environment we’ve been dealing with. (I say we, I mean them.)
So how did they do it? No backing down and staying bullish, these hedge fund managers remained positive and confident, reaping the rewards. The list tabulates gains on a manager’s own capital held in his funds and on his share of fees. Anyway, let’s see the list of some of the richest people on the planet…
10. Daniel Loeb
Third Point, $380 m
9. David Shaw
D.E. Shaw Group, $530 m
Omega Advisors, $560 m
Lone Pine Capital, $580 m
ESL Investments, $750 m
Citadel, $900 m
4. James Simons
Renaissance Technologies, $1.1 b
3. Steven Cohen
SAC Capital Advisors, $1.4 b
2. Ray Dalio
Bridgewater Associates, $1.7 b. Mr Dalio kindly shared some of his investment tips with us…find out more.
1. David Tepper
Appaloosa Management, $2.2 b
And so 2012 was a good for year for the hedge fund manager, relative to 2011. Good work gents…
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