John Paulson

Juan Paulson Isn’t Giving Up On Puerto Rico

And Puerto Rico isn’t giving up on Juan Paulson: If he won’t/can’t move there, maybe he’ll move a few more of his dollars south. Read more »

… [John Paulson] is wading into a local housing controversy and arguing that a large-scale home proposed for a small-scale historic neighborhood on Hill Street in Southampton poses a “threat to our character” and the “peace and tranquility that makes our village what it is.” Mr. Paulson is one of some 85 area homeowners who penned letters to a local village review board. They object variously to the size, scale, scope and “visual incompatibility” of a speculative home planned on a vacant lot in an area where nearly a dozen nearby residences are more than a century old and roughly half or a third the size. The letter writers—socialites, financiers, artists, developers and the scions of a president and a governor—are opposing current plans for the 5,531-square-foot, single-family home on a 1.2-acre parcel being developed by Joe Farrell, a Hamptons builder whom critics have dubbed the “King of McMansions.” [WSJ via BI, related]

  • 08 Apr 2014 at 3:30 PM

Dear Paulson Investors

March didn’t turn out as well as everyone had hoped but, on the bright side, it could’ve been so much worse. Read more »

John Paulson’s Kabletown Dream Comes True

When John Paulson & Co. bought up a bunch of Time Warner Cable shares last year, he hoped and prayed that Hank Hooper & Co. were thinking the same thing he was. They were, and now he’s $200 million-plus to the good. Read more »

John Paulson Breaks Baklava With The Men Selling Greece

Greece has heard through the deeply indebted grapevine that Mr. John Paulson is interested in tropical islands. Read more »

  • 06 Dec 2013 at 6:09 PM

Christmas Come Early For John Paulson

Billionaire hedge-fund manager John Paulson posted gains in his firm’s main strategies in November, in part from an investment in Extended Stay America Inc., according to two people familiar with the matter. Paulson’s event-driven Advantage fund surged 13 percent in November and 30 percent this year, said the people, who asked not to be identified because the information is private…Paulson Partners Enhanced Fund, the leveraged version of the firm’s merger-arbitrage strategy, gained 2.3 percent in November and 28 percent this year, the people said. Paulson Partners increased 1.2 percent last month and 16 percent year-to-date. The Recovery Fund, which seeks to benefit from growth in the economy, is the firm’s best-performing strategy in 2013. The fund rose 6.5 percent in November, bringing returns since the start of the year to 55 percent, according to the people. The Paulson Credit Opportunities Fund increased 3.2 percent last month, bringing returns for 2013 to 20 percent, the people said. Paulson’s Advantage Plus fund, which seeks to profit from corporate events such as takeovers and bankruptcies and uses leverage, rose 6 percent in November and 28 percent this year, according to the people. [Bloomberg]

  • 05 Dec 2013 at 3:02 PM

Greek-Focused Hedge Fund Doing Okay For Itself

John Paulson’s pianos have also helped Dromeus Capital. Read more »