In his year-end investor letter John Paulson gives thanks to some special people over at Paulson & Co. headquarters:All these inviduals have demonstrated exceptional performance over many years and proved their ability to initiate, structure and manager large complex profitable positions.
And for their exceptional performance, these individuals been crowned with a new title: partner.
In total, Paulson elevated 10 of his staff to partner status last year.
Notable Transactions: Lehman Brothers, Extended Stay
Kamensky was recruited in 2009 after Paolo Pelligrini left the credit team.
Notable Transactions: Fannie Mae, Freddie Mac, Bank of America
He previously worked for Banc of America Securities, Lehman Bros, Bear Stearns, Capital One, Santander and Scotiabank. He has degrees from University of Navarra; Université de Savoie; and the University of Western Ontario.
Lacoursiere spent 10 years in sell side equity research before switching to buy side covering global financial institutions, and he's a fan of the book: Lords of Finance: 1929, The Great Depression, and the Bankers who Broke the World
Notable Transactions: Gold derivatives, Strategy
He was previously head of precious-metal strategy at UBS (he was with the bank for about 15 years).
Notable Transactions: Hartford Financial, Cons eco, AC AS
He joined Paulson in 2009, and was formerly a head of financial institutions groups at Credit Suisse, Deutsche Bank and Morgan Stanley. Murphy was recruited to lead the hedge fund's move into insurance.
He was most recently at Fairfield Greenwich, an asset manager charged with fraud for investing clients' money with Bernie Madoff. He has a B.A from Columbia, a law degree from Harvard and an MBA from MIT.