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	<title>Hedge Fund News From HedgeCo.Net &#187; paolo pellegrini</title>
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		<title>Paulson&#8217;s Pellegrini Said to Resign to Start Own Hedge Fund</title>
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		<description><![CDATA[Bloomberg &#8211; Paolo Pellegrini, the hedge-fund manager who helped Paulson &#38; Co. make more than $3 billion in 2007 on bets the U.S. housing bubble would burst, resigned to start his own fund, a person familiar with the matter said. Pellegrini, 52, a manager of Paulson&#8217;s credit opportunities funds, left on Dec. 31 in an [...]]]></description>
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		<title>Pellegrini quits Paulson &amp; Co to start fund</title>
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		<description><![CDATA[Interactive Investor &#8211; Paolo Pellegrini, who played a crucial role in helping to implement bets against subprime mortgages that netted Paulson &#38; Co about $15 billion in 2007, resigned from the hedge-fund firm on Dec. 31, the Wall Street Journal said.&#160;Pellegrini, who along with John Paulson was the co-portfolio manager of the two Paulson Credit [...]]]></description>
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