Eaglevale Partners
Eaglevale Partners is a Manhattan-based hedge fund founded by Marc Mezvinsky, the husband of Chelsea Clinton, and two of his Goldman Sachs colleagues.[1][2][3] In 2014, Eaglevale Partners opened a Greek-focused fund, Eaglevale Hellenic Opportunity, during a tumultuous time in the Greek economy (q.v. Greek withdrawal from the eurozone). In May, 2016, the New York Times reported that Eaglevale was closing the Hellenic fund, which Mezvinsky had helped pitch and run, after the fund lost 90% of its value.[1] The fund is currently managing $330 million;[4] new investors are expected to invest a minimum of $2 million.[5]
References
- 1 2 Stevenson, Alexandra; Goldstein, Matthew (May 10, 2016). "Clinton Son-in-Law's Firm Is Said to Close Greece Hedge Fund". New York Times.
- ↑ Goldstein, Matthew; Edermarch, Steve (March 22, 2015). "For Clintons, a Hedge Fund in the Family". New York Times.
- ↑ Copeland, Rob (February 3, 2015). "Hedge Fund Co-Founded by Chelsea Clinton's Husband Suffers Losses Tied to Greece: Eaglevale Partners' Main Fund Lost Money in Two of Past Three Years". Wall Street Journal.
- ↑ "Clinton ignores question of how much money Goldman Sachs CEO gave her son-in-law's hedge fund". Russian Times. May 28, 2016.
- ↑ Fang, Lee; Moltke, Henrik (May 27, 2016). "Hillary Clinton Won't Say How Much Goldman Sachs CEO Invested With Her Son-in-Law". The Intercept.
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