Glocap Search LLC and Lipper TASS have released the 2005 Hedge Fund Compensation Report, an analysis of the critical factors that are driving the compensation of investment professionals at U.S. hedge funds.
The report analyzes the compensation of more than 650 investment professionals and traders at more than 250 U.S. hedge fund firms for the years 2002-2005.
The 2005 report provides a view of pay for investment professionals and traders. Also analyzed are administrative & executive assistants, CFOs, controllers, information technology professionals, and marketing professionals. Data for a junior Accounting role as well as for hedge fund COOs are added for the first time in the 2005 report.
The report examines data on salaries and bonuses paid to these hedge fund professionals, correlating the information to key characteristics, such as employee’s years of relevant experience, firm size and performance. This type of data and analysis is vital for hedge fund executives seeking to hire or structure compensation packages. The report also provides hedge fund professionals with key information on where they stand relative to their peers.
“While finding candidates with the right ‘fit’ – the right blend of skills, backgrounds and personalities – for each of our clients is paramount, I am continually amazed at how essential the right compensation package is,” said Landon Spitalnik, Vice President of Glocap Search. “Everyone knows, or thinks they know, what their friends in the industry are making and expects to keep up. A job at another fund often simply means a walk down the hall, so funds need to do all they can to keep their quality people compensated appropriately.”
“Hedge funds have evolved into a mainstream $1 trillion industry,” said Stephen Jupp, Director of Quantitative Research, Lipper TASS Research. “We are delighted to participate in the 2005 Hedge Fund Compensation Report and to provide important data that tracks various aspects of industry growth and helps professionals assess compensation structures in relation to the strategic development of their organizations.”