David Tepper, Carl Icahn, Steve Cohen - Top Paid Hedge Fund Managers

May 7, 2013 - PRLog -- David Tepper, Carl Icahn, Steve Cohen - Top Paid Hedge Fund Managers.



David Tepper

Rank: 1

Firm: Appaloosa Management

Earnings: $2.2 billion

David Tepper, 55, continues to make a good case that he is one of the great hedge fund investors of all time. While most hedge funds underperformed the U.S. stock market in 2012,  David Tepper trounced it. His flagship hedge fund successfully bet on stocks and other securities at key moments in 2012, posting a net return of nearly 30%. His $15 billion Appaloosa Management has been knocking out annual net returns of about 30% since 1993. David Tepper gave back some cash to his investors at the end of the year. He has continued to focus his philanthropy on educational efforts like Teach for America and feeding the hungry in his home state of New Jersey, where he has donated significantly to food banks over the past five years.

David Tepper, Carl Icahn, Steve Cohen - Top Paid Hedge Fund Managers.

http://www.hedgeho.com/hedge-fund-news/hedge-fund-career/...



Carl Icahn

Carl Icahn

Rank: 2

Firm: Icahn Capital

Earnings: 1.9 billion

At 77,  Carl Icahn enjoyed another strong run in 2012, beating the U.S. stock market and most hedge fund managers. The investment pool he manages for himself and his employees returned 28% in 2012, thanks to bets on Hain Celestial Group and CVR Energy.

http://www.hedgeho.com/hedge-fund/images/hedge-fund-rich-...

David Tepper, Carl Icahn, Steve Cohen - Top Paid Hedge Fund Managers.



Steve Cohen

Steven Cohen

Rank: 3

Firm: SAC Capital Advisors

Earnings: $1.3 billion

The federal government is breathing down his neck with an insider-trading investigation that has spooked some of his investors, but that did not stop Cohen, 57, from making money in financial markets. In 2012, his Stamford, Ct., SAC Capital Advisors, which manages $14 billion, posted gross returns in the 25% range. That was not enough for Cohen to deliver a U.S. stock market beating performance for his investors after he charged them his customary steep fees, but a net return of 13% was still better than the vast majority of hedge fund managers.

David Tepper, Carl Icahn, Steve Cohen - Top Paid Hedge Fund Managers.