Paulson UCITS Fund Launches With $100M

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.


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

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note