John Paulson to launch gold-focused hedge fund

December 3rd, 2009
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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.
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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

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