Paulson Funds Rise Further In Sept.

Oct 8 2013 | 12:53pm ET

Paulson & Co.'s resurgence continued last month, with all of the New York-based firm's major funds adding to their double-digit returns for 2013.

Paulson's $2.2 billion Recovery Fund once again led the way, rising 4.2% in September to hit 39% on the year. The firm's merger-arbitrage fund, Paulson Partners, added 2.9% and is up 14% on the year, and the more highly-levered Partners Enhanced Fund rose 2.6% and is up 25% on the year.

Even Paulson's once-battled Advantage funds have joined the surge: The Advantage Fund rose 1.2% in September and is up 12% on the year, and the levered Advantage Plus fund rose 1.3% and is up 16% on the year. Both of those funds suffered double-digit losses during the financial crisis.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...