Eton Park increases liquidity, pulls back on emerging markets
By Lawrence Delevingne
Thu May 10, 2012
Eric Mindich’s firm loses founding partner Edward Misrahi and changes its lock up and side pocket terms.
Eric Mindich's $11.8 billion hedge fund Eton Park Capital
Management is relaxing its restrictive liquidity terms and
cutting emerging market investments. Founding partner
Edward Misrahi, who led the emerging markets team, has also
left the firm.
|| Eric Mindich
The firm's flagship fund (onshore) fell 11.15% in 2011, leaving
very disappointed." It has come back this year,
gaining 5.0% net of fees through April, but that wasn't enough
to prevent changes, especially around how quickly investors can
take out their money.
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