Outperformance propels Oceanwood bonus pool past £10m

Event-driven hedge fund manager's partners made 56% more in profits last year than they did in the previous 12-month period

Oceanwood is based close to London's Green Park
Oceanwood is based close to London's Green Park

Strong outperformance drove revenues at Oceanwood Capital Management, the $1.8 billion London hedge fund, to their second-highest annual level since the firm was founded in 2006.

It also powered its bonus pool for the 12 months to the end of March 2014 to £10.6 million, up more than half on the previous year.

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