Capsized (But Alive)

Fifteen hedge fund earners fail to make top 25 list.

This year’s shake-up in our annual ranking of the world’s top hedge fund earners is by far the biggest in the list’s eight-year history: Fifteen of last year’s top 25 managers failed to make the ranking this time. Many of them lost hundreds of millions of dollars of their personal wealth, as their funds fell by double digits, and they are unlikely to start collecting performance fees again before 2010.

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