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Alternative Market Briefing

CIO rises to top spot on hedge fund pay scale according to a new survey from Infovest21

Tuesday, November 27, 2012

Bailey McCann, Opalesque New York: Infovest21, a global investment information services provider has published the results of its latest hedge fund compensation survey. The results are based on data from 14 separate hedge fund management firms, all with assets over $1bn. In the eleventh annual survey, Infovest21 found that the Chief Investment Officer, with a total compensation of $5.4m, topped the list of 24 positions at the typical hedge fund firm.

The role of CEO was next with compensation topping out at $4.4m. Portfolio Manager and Chief Operations Officer followed with an average total compensation of $2.7m and $1.2m respectively. Positions in sales and marketing fell below the $1m threshold with salaries ranging from just under to $800,000. For positions such as General Counsel, or Head Trader the compensation ranged from $799,999-400,000.

"In comparing 2012 and 2011 average compensation results, we see a mixed trend. Most senior management positions had a higher total compensation package in 2012 than in 2011 as did most of the investment positions. The two exceptions were Chief Financial Officer and Senior Analyst. However, in sales & marketing, legal, compliance, financial, operations and trading, all positions had a lower average total compensation in 2012 than in 2011," said Lois Peltz, president of Infovest21, in a statement about the survey findings.

Beyond compensation, 70% of respondents noted tha......................

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