Eton Park bounces back


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