Paulson & Co. Analyst To Start New Hedge Fund

Robert Lacoursiere left John Paulson's hedge fund Paulson & Co. last week to start his own hedge fund. He had been working with John Paulson for four years overseeing the funds invsestment in financials. Lacoursiere is one of the most senior personnel to depart Paulson in recent years. He is in fact the most notable separtaion since the December 2008 departure of Paolo Pellegrini who also left to begin his own fund. Lacoursier has previously held positions with Bear Sterns, Lehman Brothers, Banc of America Securities and Capital One Financial.

Paulson & Co. has...