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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 at the World Economic Forum (WEF) Annual Meeting 2011 in Davos, Switzerland, on Jan. 28, 2011 (Photo credit: Andrew Harrer/Bloomberg). Is the glass half full or half empty? This clichéd way of asking whether the hedge fund industry is headed in a positive or negative direction is being debated once
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