Paulson has sent out an update to investors that shows his fund’s current returns and they’re not bad, they just aren’t very good.
Paulson’s Recovery fund is the best one of the bunch. The fund, which invests in financial institutions in need of new capital, was up 13.24% in March and 17.19% for Q1, says MarketWatch.
Here are some of Paulson’s other funds’ returns:
Paulson Enhanced, an M&A fund: 8% in March; 9.11% Q1.
Paulson Credit Opportunities: 3.53% in March; 7.33% Q1.
And that’s the good news.
Paulson’s $10 billion Advantage Plus fund, returned only 2.58% in March. The fund is up 1.37% for Q1.
Paulson Advantage is up just 0.8% for Q1.
Maybe Paulson’s fund did get too big?
To find out what Paulson is invested in, read what hedge funds are investing in right now.
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