Meet The 30-Year-Old Ex-Water Ski Instructor Who Made $2 Billion Trading For Dan Och

“>P BaseDan OchThe Wall Street Journal’s Gregory Zuckerman has a piece about a young trader at Och-Ziff who made $2 billion last year. 

James Levin, 30, the head of a 14-person credit team for Daniel Och’s Och-Ziff, had one of the most profitable trades of 2012.

According to the Journal, he bet $7.5 billion on structured credit debt instruments and it paid off big time. 

His team’s $2 billion gain, before fees, accounted for more than half of Och-Ziff’s $3.4 billion trading gains from last year, the report said.  Och-Ziff employs 468 people. 

He joined Och-Ziff in 2006. Prior to that, he worked in distressed debt and statistical arbitrage investing at Dune Capital Management and Sagamore Hill Capital Management. 

Levin holds a degree in computer science from Harvard. 

He got his start, though, when he was a camp counselor. Levin first met Och when he taught Och’s son how to water ski years ago, according to the Journal. 

Here’s Levin’s bio page from Och-Ziff: 

och james levin

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.