Hedge Funds

Mindich delay after huge interest

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Eric Mindich has delayed his launch of Eton Park, his New York-based multi-strategy fund to November 1 from October 1, but not for lack of assets.

The former Goldman Sachs hotshot is said to have pulled in commitments for even more than the ambitious $3 billion figure that he sought to launch with all along.

The heavy subscriptions are said to have prompted him to consider entering into sub-advisor agreements with other managers, but he apparently decided not to pursue such plans.

The interest is thought to have come from a broad swath of investors, including institutions, funds