Eton Park opens structured credit fund
April 24, 2012
Lawrence Delevingne
Eric Mindich responds to investor interest after a private launch in November; Credit and TruPS top performers in Q1 bounceback.
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| | Eric Mindich (Photo: Bloomberg)
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Eric Mindich was “very disappointed“ by the double-digit losses Eton Park Capital Management suffered in 2011, but that hasn’t stopped investors from asking to get in a nascent fund focused on structured credit—an asset class helping drive positive returns this year.In November, the $11.8 billion New York firm formed a co-investment vehicle, EP Credit Opportunities Master Fund, to take advantage of openings in structured credit. Among other securities, the credit fund invests...
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