Eton Park bounces back
By Lawrence Delevingne
Thu Jan 17, 2013
Eric Mindich's flagship fund gained 12.16% last year after losing 11.15% in 2011.
|| Eric Mindich (Photo: Bloomberg)|
Eton Park Capital Management nearly erased its 2011 losses with a strong 2012, gaining from investments in bank debt, mortgage backed securities and U.S. stocks, among other winners.
Eric Mindich's flagship multistrategy Eton Park Fund gained 12.16% last year, far better than its 11.15% loss in 2011 (returns for a minority of older investors were 9.20% in 2012 due to the inclusion of special side pocketed investments that lost 7.13% for the year).
"Overall, we are pleased with the quality of our results in 2012 and feel very good about the strength of our investment engine," the...
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