Paulson Down 34% Amidst Market Volatility

Aug 18 2011 | 2:34am ET

August cannot end soon enough for Paulson & Co. The New York-based hedge fund giant lost even more ground last week, leaving its largest fund, Advantage Plus, down 34% year-to-date.

That fund had been down 22% through July, but lost another 11% in the first week of August alone. After the month’s first week, Advantage Plus was down 31%.


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