Paulson & Co.
 |
|
| Industry | Investment management |
|---|---|
| Founded | 1994 |
| Founder | John Paulson |
| Headquarters | New York City |
| AUM | US$18 billion |
| Website | paulsonco.com |
Paulson & Co. Inc. is an American investment management firm, established by its president and portfolio manager,John Paulson in 1994. Specializing in "global merger, event arbitrage and credit strategies", the firm had a relatively low profile on Wall Street until its hugely successful bet against the subprime mortgage market in 2007.
Headquartered in New York with offices in London and Hong Kong, the company operates as a partnership, managing eight hedge funds as of 2013. It has approximately 120 employees, and $18 billion in assets under management. The firm primarily provides its services to pooled investment vehicles, but also caters to banking or savings and loan institutions. It employs "" to make its investments which may include "merger arbitrage, long/short, and event-driven strategy".
The firm is a partnership, the partners being John Paulson and 10+ other members of the firm. Paulson provides services to investment vehicle pools and manages accounts for banking institutions, corporations and pension and profit sharing plans. As of December 2015 the John Paulson's hedge funds had $19 billion assets under management, compared to $18 billion in September 2013 and $36 billion in early 2011. Almost 60 percent of the assets under management belong to the firm's own employees — including John Paulson's — as of 2012. External investors in the Paulson funds include financial institutions, corporate and public pension funds, endowments, foundations and high-net-worth individuals.
The eight hedge funds Paulson & Co. currently manages are:
Areas of expertise include:
With goals of:
There are approximately 50 investment professionals in the firm, including John Paulson who is the Portfolio Manager for all funds under management. Other key investment professionals include Andrew Hoine, Nikolai Petchenikov, Sheru Chowdry, Sihan Shu, Michael Waldorf and Ty Wallach. Paulson also has an external Advisory Board of well known economists that meets on a monthly basis to discuss investment themes, macroeconomic risks, and global fiscal and monetary policy. Current members of the Paulson advisory Board are Alan Greenspan (President of Greenspan Associates LLP), Christopher Thornberg (Economist, Beacon Economics LLC), Edward Altman (Professor, Stern School of Business, NYU), and Martin Feldstein (Professor, Harvard University).
...
Wikipedia