Hedge fund billionaire and others join hands to prevent metal’s value destruction. : Toronto: After almost a year of behind-the-scenes work, billionaire hedge fund manager John Paulson has formed a coalition with 15 other investors aimed at curbing years of what his fund has called value destruction in the gold sector. John Hathaway — who is a general partner at Tocqueville Asset Management LP — and activist fund Livermore Partners are among those who have agreed to join the group, according to an emailed statement from the newly formed Shareholders’ Gold Council.