John Paulson to Convert Hedge Fund into Family Office
Posted on 07/01/2020
Hedge fund billionaire John Paulson, who owns New York-based Paulson & Co., is converting his hedge fund into a family office. The family office will focus on managing Paulson’s own capital. In late 2019, Paulson & Co. managed roughly US$ 9 billion.
“After considerable reflection and careful thought, Paulson & Co. will convert into a private investment office and return all external investor capital,” John Paulson wrote in a letter to investors.
