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.