John Paulson to launch gold-focused hedge fund

December 3rd, 2009
| More
Paulson & Co., John Paulson’s hedge fund firm that famously made billions betting against subprime mortgages in 2007, is launching a $250 Million gold hedge fund. After increasing its gold holdings in its other hedge funds, the launch comes in response to concerns over the weakening U.S dollar and inflation. The new Paulson hedge fund will serve to focus the firm’s gold strategy in one large fund, rather than increasing gold exposure across its other hedge funds.
For Detailed Investor Profiles on these Investors, click below:
Paulson & Co.
Related People: Andrew Hoine; John Paulson; Mena Gerowin*; Mike Barr; Sheru Chowdhry; Stuart Merzer
Related Entities: Paulson Advantage Master Ltd; Paulson Advantage Plus Master Ltd; Paulson Real Estate Recovery Fund; Paulson Recovery Fund; PCI
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings


More Recent Headlines

John Paulson Smiling about Bank of America

Building a Hedge Fund's Brand Identity – Website Best Practices

Facebook's Dual Class Shares: Another Reason to Avoid This Company

GLG veterans Launch Northlight European Credit with unorthodox fee structure

Shareholder Activist Update: Mario Cibelli’s Marathon Partners vs. Dover

Mambo 5: Problems with Modern Portfolio Theory and other famous investment theories

Hedge Funds and the Case for Custom Software Development

Paramount Partners’ John Lawton pleads guilty to $10 million Fraud

Touradji Capital goes for Gold

Jay Nolan of Lodge Diversified charged with $6 Million Fraud