Hedge fund ordered to pay bonus to trader who made 97% of its revenues

Financial TimesMonday, December 8, 2025 at 12:53:49 PM
Hedge fund ordered to pay bonus to trader who made 97% of its revenues
  • Evolution Capital Management has been ordered by the High Court to pay trader Robert Gagliardi a bonus of $5.4 million plus interest, following a legal dispute over denied compensation. Gagliardi was instrumental in generating 97% of the hedge fund's revenues, and the court's ruling underscores the importance of recognizing individual contributions within financial firms.
  • This ruling is significant for Evolution Capital Management as it not only impacts their financial obligations but also sets a precedent regarding the treatment of high-performing employees. The decision may influence how hedge funds structure their compensation packages and manage talent retention in a competitive market.
  • The case highlights ongoing tensions in the financial industry regarding bonus payments, particularly in the context of market-abuse investigations. It raises questions about accountability and the balance between regulatory scrutiny and rewarding individual performance, reflecting broader debates about ethics and governance in finance.
— via World Pulse Now AI Editorial System

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Hedge-Fund Trader Wins $5.4 Million UK Fight Over Denied Bonus
PositiveFinancial Markets
A London hedge-fund trader has successfully won a legal battle against Evolution Capital Management, securing a $5.4 million bonus that had been denied amid a market-abuse investigation that affected Wall Street. This ruling highlights the complexities of financial regulations and the rights of traders in the hedge-fund industry.