Hedge-fund Manager John Paulson

Hedge-fund Manager John Paulson

Rick Maiman/Bloomberg

Billionaire hedge-fund manager John Paulson, founder of Paulson & Co., known for making $15 billion for his investors in 2007 by betting against subprime mortgages before the U.S. housing collapse, bought shares in Greece’s Alpha Bank SA in the third quarter as part of the lender’s recapitalization, a report to clients in October showed.