Paulson Positive In December

Jan 8 2013 | 1:36pm ET

Last year was another bad one for Paulson & Co.—but it wasn't as bad as it could have been.

The embattled New York hedge fund saw its Advantage Plus Fund rally in December, with a 4.5% return. That cut its loss to 19% for the year, Bloomberg News reports.

Last month's gain for Advantage Plus also indicates that the firm's flagship Advantage Fund, a less-levered version of the same strategy, will have pared its loss in December, although likely by less than Advantage Plus. Advantage was down more than 17% through November.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...