(Bloomberg) So much for a rebound at billionaire John Paulson’s hedge fund firm. Paulson & Co.’s main merger fund, the firm’s largest strategy, fell 6 percent in September, cutting its 2015 gain to 0.6 percent, said a person briefed on the matter. Paulson’s Advantage hedge fund, which makes bets on companies undergoing events such as bankruptcies and spinoffs, lost 8.5 percent, leaving it down 12 percent this year, said the person, who asked not to be named because the information isn’t public.
Paulson Hedge Funds Said to Drop in September as Stocks Fell
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