LOL, Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss

Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton's son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter last February they had been "incorrect" on Greece, generating staggering losses for the firm’s main Eaglevale Hellenic Opportunity, a/k/a the "Greek recovery" fund during most of its life. By 'incorrect' the Clinton heir apparent meant the $25 million Eaglevale Greek fund had lost a stunning 48% in 2014.

LOL, Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss 20150203_lovelycouple

LOL, Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss 20150203_lovelycouple

Which is not to say the larger fund it was part of is doing any better: as of last February, Eaglevale had spent 27 of its 34 months in operation below its high-water mark. We are confident that 13 months later the numbers are 40 out of 47, respectively.

http://www.zerohedge.com/news/2016-05-10/hillary-clinton-son-laws-firm-shuts-down-greek-hedge-fund-after-90-loss

LOL, Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss

LOL, Hillary Clinton Son-In-Law's Hedge Fund Shuts Down Greek Fund After 90% Loss

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