Eric Mindich's Eton Park Launches Credit Opportunities Fund with $400M

June 20th, 2012
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Eton Park Capital Management LP has ventured outside its primarily equities-based strategies by raising $400 million for a new hedge fund that will focus on trust preferred securities and collateralized debt obligations. According to Bloomberg News, founder Eric Mindich, the youngest person ever to be made partner at Goldman Sachs (when he was 27), launched the Credit Opportunities Fund II LP in May adding to the $12 billion currently under management at Eton Park Capital Management LP.

Eric Mindich, whose global and emerging markets equities funds lost 11% in 2011, is also known for his especially restrictive redemption policies which tie investors to a rolling three-year lockup or face a 6 percent early-exit penalty.
For Detailed Investor Profiles on these Investors, click below:
Eton Park Capital Management
Goldman Sachs Principal Strategies*
Related People: Alain Demarolle ; Alan Batkin (Vice Chairman); Ali Hedayat*; Andrew Metcalf* ; Bob Howard*; Dinakar Singh*; Emmanuel Niogret*; Eric Mandelblat*; Eric Mindich; Eric Mindich*; Morgan Sze*; Pierre-Henri Flamand*; Ralph F. Rosenberg; Ralph F. Rosenberg*
Related Entities: Goldman Global Special Situations Group; Goldman Global Special Situations Group (GSSG); Goldman Principal Strategies; Goldman Prop Trading; Goldman Sachs & Co; GS Capital Partners; GS Principal Strategies Group; Eton Park Associates LP; Eton Park Emerging Markets Fund LP; Eton Park Fund LP; Eton Park Master Fund, Ltd; Eton Park Overseas Fund Ltd; Goldman Proprietary Trading; Goldman Sachs Principal Strategies*; R6 Investors*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings


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