Hedge Funds Faced Choppy Waters in 2015, but Chiefs Cashed In

“The 25 best-paid hedge fund managers took home a collective $12.94 billion in income last year, according to an annual ranking published on Tuesday by Institutional Investor’s Alpha magazine …

“Their firms do more business in some corners of the financial world than many banks, including lending to low-income homeowners and small businesses. They lobby members of Congress. And they have put large sums of money behind presidential candidates, at times pumping tens of millions of dollars into super PACs.”

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