John Paulson

Despite reports to the contrary. Nueva York it is. Read more »

The U.S. territory’s leaders are seeking to lure mainland residents such as hedge-fund billionaire John Paulson. Moving to Puerto Rico could allow Paulson and other top-earning taxpayers to shield future income from the Internal Revenue Service without giving up their passports…Even with potential tax advantages, Paulson and others considering a move to Puerto Rico should be wary, said Argeo Quinones Perez, a professor of economics at the University of Puerto Rico’s Rio Piedras campus. “For people as wealthy as Mr. Paulson and the like, spending half a year in this provincial, third-world environment would be like spending half a year in minimum-security prison,” he said in an e-mail. [Bloomberg, related]

  • 08 Mar 2013 at 11:57 AM

Still Waiting for John Paulson’s Big Comeback

It looked like JP&Co. may have turned the corner in January. This proved illusory. Read more »

John Paulson Is Up

For the year beginning Dec. 1. Otherwise, things are not so good. Read more »

They were willing to ‘em a chance, but no more. Read more »

John Paulson Doesn’t Need Your Pity

The total value of the properties in Paulson & Co.’s $298.4 million Paulson Real Estate Recovery Fund has roughly doubled on paper since the fund was launched in 2009, an executive said Wednesday at the fund’s annual meeting in New York…The private-equity real-estate fund is primarily invested in raw land, as well as the hotel companies Extended Stay Hotels and CNL Hotels & Resorts Inc. The fund makes up a tiny percentage of the firm’s roughly $19 billion in assets as of August, but has nonetheless been a bright spot in a tough period for Mr. Paulson…amid major subsequent losses at his funds, according to investors, some clients have pulled out. Still, many investors have remained loyal and potential new investors have approached the firm recently about putting in money, looking to invest at a low point, said people familiar with the firm. [WSJ]

Don’t Count Out John Paulson Just Yet

Yes, he’s on track to record another annus fucking horribilis, but he’s still got another 19 trading days to turn this thing around. Anything could happen. Read more »