Paulson to combine credit ops funds and introduce two new vehicles

Tue Aug 26, 2008




With most of his subprime gains behind him, John Paulson is combining two of his high-flying short credit funds and plans to introduce two more to profit from the shifting credit and housing markets.

Paulson & Co., which manages a total of $35 billion, is combining its two credit opportunity funds, possibly as early as September. Paulson Credit Opportunities was launched on July 1, 2006,...

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