BUSINESS
04/25/2009 05:12 am ET | Updated May 25, 2011

Hedge-Fund Pay May Fall 25%

March 25 (Bloomberg) -- Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year's investment losses.

The decline will cut hedge-fund paychecks to about half the record levels of 2007, according to estimates by Alan Johnson, founder of Johnson Associates Inc., a New York-based compensation-consulting firm whose clients include financial- services companies.

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