Capula Investment Management, the $13 billion hedge fund linked to Goldman Sachs, plans to expand to Hong Kong. Asia’s hedge fund market has proven relatively challenging despite the region’s economic growth, but several funds have chosen Hong Kong as their home base, including Paulson & Co and Soros Fund Management. SunGard’s Mark Wightman commented on…
Tag Archive: Paulson & Co
Top Ten Highest-Paid Hedge Fund Managers
According to AR Magazine, the highest-paid hedge fund managers of 2010 are: John Paulson of Paulson & Co., with $4.9 billion Ray Dalio of Bridgewater Associates, with $3.1 billion Jim Simmons of Renaissance Technologies, $2.5 billion David Tepper of Appaloosa Management, with $2.2 billion Steve Cohen of SAC Capital, $1.3 billion Eddie Lampert of ESL…
Hedge Fund Awards
Financial News Awards for Excellence in Institutional Hedge Fund Management Europe 2011 At last week’s financial news awards that took place at London’s One Mayfair, MD of Paulson, Mina Gerowin, delivered the keynote speech. Gerowin certainly has an interesting background. Starting her career as a lawyer, she then worked in international M&A at Lazard Frères,…
Going for Gold?
Hedge Funds Slash Gold Holdings It’s true that it hasn’t exactly been a great time for gold. The precious gem “ended lower” in May at $10.60, following the disclosure from various hedge funds that there had been a “slashing” of its holdings. In the first quarter, Soros Fund Management announced it had sold 99 percent…
Hiking Hedges
Hedge Funds’ April Increase Hedge funds increased 1.86 percent last month and industry assets hit their own record of $2.02 trillion. Indeed, the Paulson Gold fund had what to celebrate last month, going up 8.4 percent. But it was good news all around for the hedge fund industry last month, especially with the peak in…
Hedge Funds Impacted by Japan
Probably not particularly surprisingly, hedge funds have been affected by Japan’s recent tsunami and earthquake. With the troubles encountered by the country’s stock market, the following companies took quite a hit: Cerberus Capital Management, Paulson & Co., Tudor Investment Corp. and Sparx Group. Indeed, so drastic was the hit to these firms, that some of…
Hedge Fund Industry Continues to Grow
Bridgewater Associates Inc. brought in $8.7 billion for investors during the third and fourth quarters of last year. According to LCH Investments, this is the largest profit recorded by the top ten hedge funds in the world during that time. Based in Westport, Connecticut, Bridgewater has made $22 billion for its clients since it was…
John Paulson Gains Another $5 Billion
The Paulson & Co. hedge fund made $15 billion in 2007 while betting against mortgages. It has recently been publicized that John Paulson earned another $5 billion last year. Staff members and executives have 42% of the $35.9 billion assets, or, $14.9 billion, according to a report sent out earlier this month. Of that, a…