Top Hedge Fund Managers Had So-So Returns, But Yuge Earnings In 2017

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Mark Melin
Published on

New Jersey misses David Tepper. The founder of Appaloosa Management was among the highest paid hedge fund managers, according to Institutional Investor’s “Rich List” of top-earning fund managers. Tepper moved out of the state Basic HTML Table Fund 2018 earned 2017 earned Renaissance Technologies $1.7 billion $1.6 billion Appaloosa Management $1.5 billion $700 million Citadel $1.4 billion $600 million Bridgewater Associates $1.3 billion $1.4 billion Millennium Management $975 million $410 million TCI Fund $775 million $365 million Third Point $625 million $260 million Data via InstitutionalInvestor “The Rich List” May 2018 due to its high tax burden and it could…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.