Paulson Received $1.5 Billion in Redemptions
John Paulson has so far received $1.5 billion in redemption requests as of Friday, according to a knowledgeable source. The renowned investor might not earn performance fees in the near future.
Stephen Taub
October 31, 2011
John Paulson, president and co-fund manager of Paulson & Co. Inc., attends a tennis match during U.S. Open at the Billie Jean King National Tennis Center in New York, U.S., on Tuesday, Aug. 30, 2011. Paulson and his wife, Jenny, had planned to host a fund-raiser for Republican presidential hopeful Mitt Romney at their estate in Southampton on Sunday but it was postponed due to Hurricane Irene, according to Wall Street Journal. Photographer: Rick Maiman/Bloomberg *** Local Caption *** John Paulson
Rick Maiman/Bloomberg
