“ The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw $410 million from Paulson & Co.’s flagship Advantage funds, according to people familiar with the decision.

Citi discussed its plan to pull capital from Paulson’s Advantage funds, which have recorded double-digit losses so far this year, on a Thursday morning call with its private bank advisers, said one of the people familiar with the decision, but who was not on the call.”

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