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Paulson Racks Up Strong June Gains Led By Merger Arbitrage

Pickup in across-the-board performance puts funds in the black for the year.

John Paulson’s main funds posted strong performance across the board in June. Paulson & Co.’s best performer was Paulson Enhanced, a merger arbitrage fund that uses leverage, which was up 6 percent in June and 11.8 percent for the first six months of 2014. This far exceeds the 7.1 percent gain

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