|New York-based John Paulson’s hedge fund firm, Paulson & Co., will launch a new fund open to retail investors later this year. According to the Financial Times, the new offering will utilize the more regulated UCITS fund structure, which has gained popularity among European hedge fund managers. Paulson & Co.’s UCITS fund will track Paulson’s existing investment strategies. |
The firm, which is the world’s third largest hedge fund manager, will partner with Deutsche Bank to launch the new fund. The announcement coincides with a trend towards UCITS launches, adding to existing funds from York Capital, Highbridge Capital Management, BlueCrest Capital Management, GLG Partners, Man Group plc’s AHL, and Winton Capital Management.