Reminder: Hedge Funds Are at a Crossroads
Eric Mindich’s announcement that he is shutting down Eton Park is the latest example on a growing list of hedge funds that have either shuttered or suffered sizable redemptions in the past year. So what does that mean for the industry?
Eric Mindich, founder and chief executive officer of Eton Park Capital Management Ltd., participates in a session on the third day of the World Economic Forum (WEF) Annual Meeting 2011 in Davos, Switzerland, on Friday, Jan. 28, 2011. The World Economic Forum in Davos will be attended by a record number of chief executive officers, with a total of 2,500 delegates attending the five-day meeting. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Eric Mindich
Andrew Harrer
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