Wednesday, March 23, 2011

The "Risk" in Risk-Arbitrage by John Paulson, Paulson & Co., Inc.

From Market Folly who says (in part):
...In 1994, he started Paulson Partners and focused on arbitrage strategies. Today, Paulson & Co is the third largest hedge fund. This article traces Paulson's roots in order to learn about risk arbitrage from the manager himself.

It's little known that Paulson actually authored a chapter on the subject in the book, Managing Hedge Fund Risk compiled by Virginia Reynolds Parker. She is a graduate of Harvard Business School and founder of a firm that specializes in the design and management of fund of hedge funds....

John-Paulson-Risk-in-Risk-Arbitrage -