John Paulson Acquires Majority Stake In St Regis Beach, Puerto Rico

John Paulson of Paulson & Co acquired majority stake in St. Regis Bahia Beach Resort, Puerto Rico and the Bahia Beach Resort & Golf Club. The hedge fund’s announcement today comes amidst rumors earlier this year that John Paulson would be moving to Puerto Rico. Rumors of John Paulson relocating to Puerto Rico Earlier this year, in a statement released by the hedge fund, it was reported that John Paulson, president of Paulson & Co, is not moving to Puerto Rico. The statement came amidst reports that the hedge fund manager was considering to set up a permanent residence in…