How much does a hedge fund VP make? (2024)

How much does a hedge fund VP make?

As of Mar 25, 2024, the average annual pay for a Vice President Hedge Fund in New York is $162,374 a year. Just in case you need a simple salary calculator, that works out to be approximately $78.06 an hour. This is the equivalent of $3,122/week or $13,531/month.

Can you make millions working at a hedge fund?

The money is a big draw as well: if you're at the right fund and you perform well, you can earn into the mid-six-figures, up to $1 million+, even as a junior-level employee. The top individual Portfolio Managers can earn hundreds of millions or billions each year.

How much does the CEO of a hedge fund make?

What is the average salary for a Chief Executive Officer at Hedge Fund Group in the United States? Based on our data, it appears that the optimal compensation range for a Chief Executive Officer at Hedge Fund Group is between $508,173 and $841,009, with an average salary of $665,862.

What is the highest paying hedge fund salary?

Hedge Fund salaries range between $58,000 a year in the bottom 10th percentile to $172,000 in the top 90th percentile. Hedge Fund pays $48.12 an hour on average. Geographic location also impacts Hedge Fund salaries. Hedge Fund employees in New York, NY get paid the most.

How much does a VP at an investment firm make?

The estimated total pay for a Vice President Investments is $360,552 per year in the United States area, with an average salary of $185,845 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Why are hedge fund managers so rich?

Hedge fund managers typically earn above-average compensation, often from a two-and-twenty fee structure. Hedge fund managers typically specialize in a particular investment strategy that they then use to power their fund portfolio's mandate for profits.

Is it hard to get hired by a hedge fund?

Hedge funds employ some of the best-paid business professionals anywhere, but landing your first job in the industry is no cakewalk. Building a hedge fund career takes determination, networking stamina, and a fierce competitive streak. Here are some steps to help get you to that interview and then land that job.

Why do hedge fund guys make so much money?

Why Do Hedge Fund Managers Earn So Much? Hedge fund managers' earnings are usually based on management fees and a percentage of the profits they earn, known as a performance fee. The more assets they have under management, and the higher the profits they earn for their fund, the more income they make.

Do hedge fund managers make millions?

It is not uncommon for someone with 5 to 10 years of experience (if they last that long) to secure hedge fund salaries that are close to US$ 1 million per year. If you start your own hedge fund, though, hedge fund salaries get a little more complicated.

Is hedge fund as a career worth it?

Hedge fund jobs can be some of the most lucrative in finance. Hedge funds are asset management firms, but with the freedom to follow more creative investment strategies. Hedge funds used to be scrappy outsiders but have become far more institutional.

How much do quants at hedge funds make?

While ZipRecruiter is seeing annual salaries as high as $259,500 and as low as $98,000, the majority of salaries within the Hedge Fund Quant jobs category currently range between $134,500 (25th percentile) to $199,000 (75th percentile) with top earners (90th percentile) making $232,000 annually across the United States ...

How much does a VP at JP Morgan Investment Banking make?

$302K (Median Total Pay)

The average Investment Banking Vice President base salary at J.P. Morgan is $218K per year. The average additional pay is $85K per year, which could include cash bonus, stock, commission, profit sharing or tips.

How much does a VP for Capital One earn?

$260K (Median Total Pay)

The estimated total pay range for a Vice President at Capital One is $211K–$326K per year, which includes base salary and additional pay.

What does a VP of a large company make?

The average corporate vice president salary in the United States is $165,788. Corporate vice president salaries typically range between $113,000 and $242,000 yearly. The average hourly rate for corporate vice presidents is $79.71 per hour.

How much does a Megafund VP make?

Mega Fund Private Equity Salary

Here are the average salaries in the US, including bonuses: Associate: $150k-$300k. Senior Associates: $410k-$610k. Vice President: $570K-$780K.

How much do Sequoia Partners make?

The average Partner base salary at Sequoia Capital is $273K per year. The average additional pay is $325K per year, which could include cash bonus, stock, commission, profit sharing or tips.

What is the highest salary in private equity?

Highest salary that a Private Equity Associate can earn is ₹45.0 Lakhs per year (₹3.8L per month).

What is the highest position in a hedge fund?

Depending on the size of the hedge fund company, the portfolio manager might be the person at the top or one of several. Their job is to create the overall strategy for their assets under management (the money invested in the fund).

Is it risky to be a hedge fund manager?

However, because hedge funds are typically much higher-risk portfolios that are more actively traded, they require close monitoring and a greater amount of day-to-day hands-on management and decision-making regarding investments.

How stressful is being a hedge fund manager?

Long and stressful days

The day for hedge fund managers is very long and full of stressful hours. The end of the market day doesn't necessarily mean that they are done for the day. Many hedge fund managers run positions in overnight markets so they will need to monitor those trades, often late into the night.

What GPA do you need to get into a hedge fund?

There is no specific or average GPA requirement for becoming a hedge fund analyst. However, hedge funds tend to hire top-performing graduates from prestigious universities and top-ranked business schools. These candidates typically have strong academic records, including high GPAs and test scores.

How many hours do hedge fund managers work?

Hedge fund analysts typically work between 60 and 70 hours a week. Working on the weekend is not common but it certainly does happen from time to time.

What are the cons of working at a hedge fund?

On the downside, hedge funds can be demanding and high-pressure environments. Interns and analysts often work long hours and may be required to work weekends. Additionally, the compensation is often lower than at other financial institutions.

Are hedge fund owners rich?

Collectively, the 20 wealthiest hedge fund billionaires on Forbes' 2023 World's Billionaires list now hold a combined net worth of $245 billion, marking a $4 billion increase from the previous year. However, the individual returns of these managers have exhibited significant variations.

How many hours do you work at a hedge fund?

On average, hedge fund traders often work long hours, ranging from 50 to 80 hours per week. The specific workload can depend on the fund's strategy, market conditions, and individual firm policies. During peak periods or when significant market events occur, traders may put in even longer hours.