The investor’s once-in-a-lifetime bet before the financial crisis made $ 15 billion for his firm and $ 4 billion for him personally. His personal tax bill, which Mr. Paulson had deferred, is now due—just as his star is fading.
Tag: HedgeFund
The hedge-fund delusion that grips pension-fund managers
HEDGE-FUND managers may be feeling quietly smug about their performance in 2017. They returned 6.5% on average, according to Hedge Fund Research, a data provider, their best year since 2013. But those returns do not really suggest that they are masters of the investing universe. The S&P 500 index, America’s main equity benchmark, returned 21.8%, […]
We asked a top hedge-fund recruiter what it takes to get a senior-level job these days
Ilana Weinstein. Ilana Weinstein is the founder of The IDW Group, which focuses on recruiting investment talent for all kinds of investment strategies. We asked Weinstein about the biggest trends in the hedge-fund business and how to get a senior-level job today. “As the industry has become more crowded and efficient, I would argue the […]
Inside the New York City offices of $45 billion hedge-fund firm Two Sigma
Sarah Jacobs/Business Insider What do you picture when you imagine a hedge-fund office? A noisy trading floor full of hedge-fund guys in fleece vests? Two Sigma, a $ 45 billion hedge-fund firm that uses advanced technologies to find investment opportunities, is a little different. The firm, which says it has seen head count grow by […]
GM Chief Faces Showdown Over Hedge-Fund Investor’s Stock Push
General Motors Chief Executive Mary Barra faces shareholders this week, under pressure from a hedge-fund investor and fresh scrutiny following the ouster of her counterpart at a crosstown rival. WSJ.com: What’s News US
