Eton Park opens structured credit fund

By Lawrence Delevingne

Tue Apr 24, 2012



Eric Mindich responds to investor interest after a private launch in November; Credit and TruPS top performers in Q1 bounceback.


   
   Eric Mindich (Photo: Bloomberg)
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...

ISSN: 2151-1845 / CDC10004H

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