Archive for the ‘Compensation’ Category

The Clinton Fortunes

October 21, 2016

Chidem Kurdas

If there’s one point Hillary Clinton talks about honestly and passionately, it’s that (more…)

From Low Rates to Low Fees

April 2, 2014

Since the financial crisis, the (more…)

Sales Fee May Become Extinct

July 29, 2013

If the current trend continues, the (more…)

DE Shaw Prevails in Fee Competition

April 18, 2012

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…)

Cost Focus as Barbell Portfolios Spread

April 12, 2012

Chidem Kurdas

The idea of combining index investments with skilled (more…)

Funds, Corporate Governance and Christian Dior

November 29, 2011

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…)

Large Investors Get Bargains

November 30, 2010

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…)

Daniel Och’s Compensation

April 19, 2010

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…)