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Paulson & Co. Opens New Share Classes for Advantage Funds
Investors in the funds, which comprise almost a quarter of the firm’s assets, now have the option to swap liquidity for cheaper fees.
Paulson & Co. founder John Paulson. (Photo: Bloomberg News) John Paulson’s New York firm, Paulson & Co., is offering two new classes of shares for its flagship Advantage funds with different liquidity terms in exchange for different management fees. Altogether, the Advantage funds account for $4.6 billion of the firm’s roughly $20 billion
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