# JPS GSE JPS MGR LLC

JPS GSE JPS MGR LLC is a Multi Family Office based in New York, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** $250M–$1B (Altss estimate)

## Regulatory record

- **CRD number:** 328240
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/328240

## About

JPS GSE JPS MGR LLC is a state-registered investment adviser with its main office in Granite Bay, CA. It provides investment advisory services to clients.

## Sectors

- Real Estate
- Private Credit
- Hedge Funds

## People

- John A. Paulson — President and Managing Partner

## Questions

### Who runs investment decisions at JPS GSE JPS MGR LLC?

John Paulson serves as President and Managing Partner and directs all material investment decisions. The office operates with a lean team of analysts and operating partners, with Paulson retaining ultimate authority over portfolio construction. No separate CIO or external investment committee has been publicly identified.

### How heavily is the firm allocated to gold?

Paulson's public equity filings historically showed gold as a core macro thesis, primarily through positions in SPDR Gold Trust and major mining equities such as AngloGold Ashanti and Barrick Gold. Since the 2020 conversion, the firm is no longer required to file 13F reports with the SEC, but Paulson has publicly maintained his bullish view on gold as a long-term store of value and inflation hedge.

### Is the firm's wealth derived solely from the 2007 subprime trade?

The foundational wealth was generated by the 2007 subprime mortgage short that produced approximately $15 billion in fund profits, with roughly $4 billion flowing to Paulson personally. Subsequent to that, Paulson's personal capital compounded through post-crisis distressed real estate acquisitions, gold investments, and merger arbitrage — though some of those later positions generated mixed returns.

## Related profiles

- [DBD Retirement and Financial Services](https://altss.com/profile/dbd-retirement-and-financial-services)
- [Filament Capital Management](https://altss.com/profile/filament-capital-management-llc)

---

Last updated: 2026-08-14T12:30:00.000Z

Canonical page: https://altss.com/profile/jps-gse-jps-mgr-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology