And you think Jamie Dimon and the other bank CEOs make a lot? Well I guess they do, but its nothing compared to the compensation which James Levin of Och Ziff (NYSE:OZM) is getting. Greg Zuckerman of the WSJ who made this discovery notes:
In 2012, James Levin, a then 30-year old trader at Och-Ziff Capital Management LLC, turned heads with a bet of more than $7.5 billion on “structured credit” debt investments, or about a quarter of the money the firm managed when the investments were made.
So what does James Levin do? Mr. Levin, 31, “who goes by Jimmy” according to Zuckerman now carries the titles of head of global credit and an executive managing director at Och-Ziff.
Q4 Letter: Hawk Ridge Generated Alpha On Both The Longs And Shorts [In-Depth]
Hawk Ridge was up 19.4% net for 2020, compared to the Russell 2000's 19.9% return and the HFRI Equity Hedge Total Index's 17.4% gain. The fund had ones of its best years ever in terms of alpha generation as it generated almost 12% compared to a beta-adjusted Russell 2000. Hawk Ridge generated strong alpha on Read More
See more details below from the 14A below.
PS where can we apply?
Summary Compensation Table for 2013
The following table provides summary information concerning the compensation of our Named Executive Officers, who include our Chief Executive Officer, our Chief Financial Officer and each of our three other most highly compensated employees who served as executive officers for the fiscal year ended December 31, 2013.
|Name and Principal Position||Year||Salary
|Daniel Och(5)Chief Executive Officer,Executive Managing Director||2013||—||—||21,135,145||—||1,203,064||22,238,209|
|Joel M. Frank(6)||2013||—||4,120,459||936,482||368,094||63,357||5,488,392|
|Chief Financial Officer, Senior Chief Operating Officer,Executive Managing Director||2012||—||—||—||—||66,693||66,693|
|David Windreich(7)Head of U.S. and European Investing,Executive Managing Director||2013||—||6,000,000||4,889,875||715,560||80,415||11,685,850|
|Head of Global Credit,Executive Managing Director|
|Zoltan Varga(9)Head of Asian Investing, Executive Managing Director||2013||200,000||7,762,517||1,764,233||693,451||88,151||10,508,352|
|(1)||The “Bonus” column reflects the cash portion of the Performance Award made to the individual under the PIP. The PIP is described in more detail above under the heading “Partner Incentive Plan.”|