John Paulson Europe, a Jermyn Street-based subsidiary of Wall Street firm Paulson & Co, increased turnover by 14 per cent from £13.3m to £15.2m for the year ending March 2013, reversing a 32 per cent decline in 2012.
While still lower than the £26.5m profit in 2011-12, Paulson’s European comeback comes amid a better performance across its suite of funds.
The accounts, filed at Companies House, show two Paulson partners left the company last year, with both Nikolai Petchenikov and Mina Herrmann exiting the business in December and May 2012 respectively.
The highest paid member of the partnership for 2013 was paid nearly £2m
- Via http://www.cityam.com/article/1389313783/paulson-heals-european-trades-post-return-form
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