Reuters – Profits at Paulson Europe, the UK-based arm of John Paulson’s hedge fund firm, fell 17 percent in the year to end-March, reflecting losses in the billionaire investor’s funds, although its four partners still shared a 26.5 million pound bonus pool.
Profit available for discretionary division among the partnership’s four members dropped to 26.5 million pounds over that period from 32.1 million pounds the previous year, the firm said in a regulatory filing this week.
