(Bloomberg) John Paulson’s gold and special situations hedge funds are among those returning client capital as the firm narrows its focus after shedding almost $30 billion in assets. One of the firm’s Credit Opportunities funds is also forcing clients to redeem, according to people familiar with the matter. A second credit fund will remain open, and investors can move their money into that offering. Investors can also switch into the merger-focused Pure Spread fund and the European Event Equities fund. A representative for the firm declined to comment.
John Paulson Returns Money From Gold, Special Situations Funds
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