Saturday, 25 April 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…