Chidem Kurdas
If there’s one point Hillary Clinton talks about honestly and passionately, it’s that (more…)
Chidem Kurdas
If there’s one point Hillary Clinton talks about honestly and passionately, it’s that (more…)
Since the financial crisis, the (more…)
If the current trend continues, the (more…)
Chidem Kurdas
For many years, hedge fund investors were willing to pay 2/20 or even higher fees to established managers with good track records. New or small funds could be less expensive, but typically not the known names. That appears to be changing. (more…)
Chidem Kurdas
The idea of combining index investments with skilled (more…)
Chidem Kurdas
Most funds do not bother to try to shape corporate governance; if they don’t like what’s going in a company, they just sell it. But there are exceptions. (more…)
Fund clients that invest a lot of money always get good deals. Nowadays, with raising capital tougher than it used to be before the crisis, big investors are getting even better terms. (more…)
Chidem Kurdas
The chief executive of Och-Ziff Capital, Daniel Och, received $9.4 million in company stock and did not get any non-equity incentive compensation in 2009. All other pay he received was minor, as best I can tell. He took Och-Ziff public in 2007.
The number for 2009 sounds very modest compared to past estimates of how much Mr. Och made. (more…)