Paulson Executive Sihan Shu Leaves to Prep New Hedge Fund

(Reuters) Sihan Shu left Paulson & Co at the end of June and is in the early stages of preparing his own hedge fund firm, according to two people familiar with the situation who requested anonymity because the information is private.

Whether or not Paulson would replace Shu, a managing director with expertise in structured financial products, was unclear. Details on the new investment firm were also not available. A spokesman for Paulson declined to comment and Shu did not respond to a request for comment.

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