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Hedge fund Eton Park is shutting down - letter
March 23, 2017 / 4:49 PM / 9 months ago

Hedge fund Eton Park is shutting down - letter

BOSTON, March 23 (Reuters) - Eton Park, the $7 billion fund founded by Eric Mindich, is shutting down, the fund manager wrote to his investors on Thursday.

“We have made the very difficult decision to return your capital, from a position of relative strength,” Mindich wrote in the letter seen by Reuters.

The 13-year old firm lost 9 percent last year and is flat this year.

Reporting by Svea Herbst-Bayliss

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