Thursday, 29 January 2015
Last updated 1 hour ago
Jan 5 2009 | 11:07am ET
Paolo Pellegrini, who helped Paulson & Co earn about $15 billion in 2007 betting against subprime mortgages, resigned from the firm last week.
Pellegrini, who along with John Paulson was the co-portfolio manager of the two Paulson Credit Opportunities funds, is expected to start his own hedge fund, the Wall Street Journal reports.
The departure was amicable, according to the Journal, which cited people familiar with the departure.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…