Paulson Funds Surging To The Finish Line

Dec 9 2013 | 12:45pm ET

Paulson & Co.'s hedge funds solidified their position among the industry's best performers this year in November.

The firm's Recovery Fund is up 55% through last month and its Advantage Fund is up 30%, Bloomberg News reports. Advantage rose 13% in November and Recovery 6.5%.

Paulson Partners Enhanced rose 28% through November, while Paulson Partners, the unlevered version of Paulson's merger arbitrage strategy, rose 16%.

Only Paulson's gold fund, which manages primarily firm founder John Paulson's own capital, is in the red this year, but that fund is deeply in the red, down 63% through October.

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Editor's Note