Paulson Funds Surge In March

Apr 7 2010 | 11:03am ET

Paulson & Co. saw strong returns from almost all of its hedge funds last month as the equities and credit markets soared.

The $32 billion firm’s flagship Advantage fund rose 1.74% last month, and its more highly-levered Advantage Plus fund jumped 2.58%, MarketWatch reports. But both paled in comparison to the firm’s Recovery fund, which returned 13.24% on the month, and its Enhanced fund, which added 8%.

The strong returns came as some are beginning to question whether the firm has become too large. Unlike other top hedge funds, Paulson has not closed its funds to new investment and is continuing to take in more cash.

Despite the good March, Paulson is off to a slow start this year. The Advantage fund is up only 1.37% through the first quarter, and the Advantage Plus fund is up only 0.8%.

Its smaller funds are doing considerably better. The Recovery fund is up 17.19% on the year, the Enhanced fund 9.11%, and its Credit Opportunities Fund 7.33% after a 3.53% March rise.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note