Paulson & Co. Posts Mixed Results in Rough Month

John Paulson’s merger arb operation racks up a slight gain, while other funds suffer. Firm remains up for the year.

John Paulson’s Paulson & Co. saw mixed results in April. His merger funds were slightly up, while several others of his funds lost money.

Specifically, Paulson Partners, the flagship merger arbitrage fund launched in 1994, gained 20 basis points last month. As a result, it is up 2.2

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