Paulson & Co. Inc. is an American investment management firm, established by its president and portfolio manager, John Paulson in 1994. Specializing in "global merger, event arbitrage and credit strategies", the firm had a relatively low profile on Wall Street until its hugely successful bet against the subprime mortgage market in 2007.
Headquartered in New York with offices in London and Dublin, the company operates as a partnership, managing eight hedge funds as of 2013. It has approximately 120 employees, and $8.7 billion in assets under management. The firm primarily provides its services to pooled investment vehicles, but also caters to banking or savings and loan institutions. It employs "fundamental analysis" to make its investments which may include "merger arbitrage, long/short, and event-driven strategy".