A hedge fund can be described as an investment vehicle and business structure that brings capital from multiple investors and invests these resources into securities and other profitable investment instruments. The companies that run these hedge funds may be structured as limited partnerships or limited liability companies. It is important to note that hedge funds largely differ from mutual funds considering that they do not cap leverage and most of these investments made are highly liquid. Hedge fund managers are in charge of the investments made by their hedge funds. For hedge fund managers to be successful in business, it is important that they come up with a competitive advantage which is to have a well-defined investment strategy. By using this technique, they can get a high amount of capital, a great marketing plan and a workable risk management plan. Those who become successful in the hedge fund ventures make quite a large sum of money. Here are the highest-paid hedge fund managers as of a financial assessment conducted on February 1, 2017. The list comes in a descending order from 20 all the way to the richest hedge fund investor.