Attention Paulson People
In your heart, you know he's right.
John Paulson is the phoenix who rises from self-inflicted ashes every three years, the skepticism of certain critics notwithstanding.
The Paulson Enhanced fund, which bets on mergers and acquisitions, is up a whopping 13.9% through March 20th, according to performance data from Swiss-banking group SYZ, obtained by
USA TODAY.Meanwhile, the Paulson International fund, which also bets on mergers but with less leverage, is up 6.6% through the same period, according to SYZ data.
The Paulson Advantage fund, which seeks to benefit from takeovers and bankruptcies, is also up this year by 5%, the SYZ data shows.
Billionaire John Paulson up 14% on M&A bets [USA Today]