Accounts for Mike Platt's hedge fund-turned-family office BlueCrest Capital Management LLP reveal a significant rise in partner remuneration following a year of strong performance, according to a report by eFinancial Careers.
For the year ending 21 March 2025, the fund’s 46 partners received an average profit share of £959,000 ($1.3m), up 92% from £498,000 the prior year. Other staff members saw a 14% increase, taking average pay to £534,000.
Seven designated material risk-takers earned an average of £4m each, with £1.8m in guaranteed pay and severance payments also disclosed. Revenue at the partnership climbed from £52m in 2024 to £130m in 2025.
BlueCrest, which has transitioned from a hedge fund to managing founder Mike Platt’s personal fortune, offers portfolio managers a 30% share of profits, compared with the industry standard of 20%. The firm added six staff to its service company, BC Capital Management Services, as headcount grew modestly.
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