Eton Park Capital Management

Eton Park Capital Management was an investment firm.[1] The firm aimed to provide risk-adjusted returns for investors over multi-year periods.[2] The firm invested in a range of markets and products, including public equity, fixed income and derivatives markets. Eric Mindich was the firm’s Chief Executive Officer.[1] Eton Park had offices in New York City, London and Hong Kong.[1] From 2012 to 2014, Eton Park’s annualized return averaged over 13% while the S&P500 averaged nearly 18%.[3]

Eton Park Capital Management LLC
Private
IndustryInvestment Management
FoundedNew York, NY, USA (2004)
Headquarters399 Park Avenue
New York City
Key people
Eric Mindich, Founder and CEO
Total assets$9 billion (2015)

History

Eton Park was founded in 2004 by Eric Mindich, who previously had been a partner at Goldman Sachs.[4] While at Goldman, Mindich was a senior member of its Principal Strategies group.[5] Eton Park's launch was one of the largest in history at $3.5 billion.[3]

On March 23, 2017, Mindich announced the fund would shut down after incurring a 10% loss in 2016.[6]

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References

  1. "Advisory Council Eric Mindich". The Hamilton Project. Retrieved March 26, 2015.
  2. "Company Overview of Eton Park Capital Management, L.P." Bloomberg Business. March 28, 2015.
  3. Svea Herbst-Bayliss (March 5, 2015). "Hedge fund Eton Park gains in February as currency bets help". Reuters.
  4. Roderick Boyd (November 2, 2004). "Mindich Opening $3.5 Billion Hedge Fund". The New York Sun.
  5. "Eton Park Capital Management - Investor Profile". HedgeTracker.cpm. March 29, 2015. Archived from the original on March 19, 2015. Retrieved November 22, 2010.
  6. Matthew Goldstein (March 23, 2017). "Eton Park Hedge Fund to Shut Down". The New York Times.
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