Paulson & Co. is a private investment management firm founded by John Paulson in 1994. The firm is known for its focus on event-driven investing, which involves making investments based on specific events such as mergers, acquisitions, or restructurings. Over the years, Paulson & Co. gained significant attention for its successful bets against the housing market during the 2008 financial crisis. The firm manages various hedge funds and has a reputation for its expertise in distressed assets and special situations, attracting a diverse range of institutional and high-net-worth clients.