Paulson executives leave as assets dwindle
New York
PORTFOLIO manager Sheru Chowdhry is expected to leave Paulson & Co, two sources said last Friday, signalling a quickening pace of departures at the hedge fund as its assets have shrunk and some of its portfolios have suffered losses.
Executives Michael Johnson, Natalie Oelkers and Claudio Macchetto have also left or are expected to soon leave the New York City-based firm run by billionaire investor John Paulson, the sources said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Former PAP MP, minister of state retire as company directors
US: Wall St opens higher
Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses