This content is from: Premium

Looking back at Paulson’s golden days and Loeb’s poison pen

In this week’s look back at the archives, AR revisits Paulson's triumph, how Millennium's assets fell after the firm lifted its gates, and how Dan Loeb fared after suggesting that the head of Ligand Pharmaceuticals deserved a boot to the rear.

One year ago»» Risking some $4 billion in assets, Izzy Englander’s Millennium Partners offered investors the choice to leave the fund, as the firm lifted the gates imposed following financial crisis redemption requests.At its July 1, 2008 peak, the firm managed $14.21 billion, but Millennium was hit with $5 billion

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content