Launches & Closures Hedge Funds Performance

Eton Park considers new emerging markets fund


In his latest investor letter, Eric Mindich discusses plans for a new emerging markets strategy, personnel changes, and his take on the U.S. government’s probe into insider trading, which the firm has avoided.

Eton Park Capital Management is considering whether to launch an emerging markets fund to co-invest alongside its main funds, according to the firm’s 2010 yearend investor letter. “We are excited about our pipeline of emerging market private investments, an area in which we believe we have a significant competitive advantage,” the firm said in the January 18 letter. “We continue to actively pursue these investments and in 2011, expect to further build our team focused on these opportunities.”

While private emerging markets investments interest the firm, Eton Park reduced its U.S. private equity exposure last year, which led