Forbes – James Levin first got to know billionaire hedge fund manager Daniel Och when he taught Och’s son to water ski at camp a number of years ago. At 31, Levin these days is a prized employee at Och’s Och-Ziff Capital Management hedge fund firm and last year Levin was paid phenomenally well even by the standards of the rich hedge fund industry.
According to a recent Securities & Exchange Commission filing, Och-Ziff Capital Management paid Levin $119 million in 2013. Nearly all of Levin’s compensation last year consists of stock awards and the value relates to the grant-date fair value of unvested Och-Ziff Group A units. A spokesman for Och-Ziff Capital Management declined to comment,