Friday, 19 December 2014
Last updated 10 hours ago
Dec 15 2010 | 10:10am ET
Paulson & Co. has raised more than US$100 million for a UCITS III-compliant retail version of its flagship hedge fund.
The DB Platinum IV Paulson Global Fund debuted last week on Deutsche Bank's UCITS platform. The fund is based on Paulson's Advantage fund, which is up 1.8% this year.
New York-based Paulson currently manages about US$33.6 billion.
"Implementing our existing event arbitrage strategy via a UCITS vehicle allows us to provide a liquid, regulated, onshore European fund that helps us further diversify our investor base," firm founder John Paulson said.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.