(Reuters)Billionaire investor John Paulson has put up part of his personal fortune as collateral to back a credit line for his $18 billion hedge fund Paulson & Co., a government filing shows. According to a UCC Financing Statement filed in New York on Dec. 18, the 60-year old hedge fund manager pledged personal investments in four of his firm’s portfolios as additional collateral on a credit line extended by HSBC Bank USA.
Investor Paulson’s Personal Assets to Back Loan to Hedge Fund
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