- Liking the tan btw…
- So it seems Paulson took flack for considering a move to Puerto Rico, a move that would have cut his tax bill.
Mr. Paulson dropped the idea of a move. But the hedge fund manager seems more determined to help his clients reduce their own tax bills.
On Thursday, Mr. Paulson, who is trying to turn around his hedge-fund firm after a period of difficult trading, sent an invitation to clients and potential clients, announcing the launch of the Paulson Partners Premium L.P. Fund. The invitation said the fund is for investors “looking to mitigate income taxes.”
Perfect timing if you ask me, Obama’s JOBS Act will give funds the opportunity to implement innovative marketing tactics to inform new potential investors.