May 11 2010 | 12:03pm ET
Paulson & Co. will close its largest hedge funds to new investments this summer, it told clients in a conference call yesterday.
The New York-based firm, which manages $35 billion, said it would restrict inflows into its Advantage funds, which manage about $20 billion. Paulson said it will only take in new money to replace redeemed investments, with further details to come in late June.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…