Investing

Hedge Fund Millions Are at Stake in Sculptor CEO Pay Dispute

  • Dan Och’s board member said Jimmy Levin earns too much
  • Pay is below top fund managers, but more than bank chiefs
Daniel OchPhotographer: Jesse Grant/Getty Images
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What’s the appropriate pay for a hedge-fund manager? It depends on who you ask.

In an industry where the highest earners reap billions of dollars a year, the most public salary fight right now is over the hundreds of millions earmarked for Sculptor Capital Management Inc.’s Jimmy Levin.