Eton Park Capital Management LLC | |
Type: | Private |
Foundation: | New York, NY, USA (2004) |
Location: | 399 Park Avenue New York City |
Key People: | Eric Mindich, Founder and CEO |
Industry: | Investment Management |
Assets: | $9 billion (2015) |
Eton Park Capital Management was an investment firm.[1] The firm aimed to provide risk-adjusted returns for investors over multi-year periods.[2] The firm invested in a range of markets and products, including public equity, fixed income and derivatives markets. Eric Mindich was the firm's Chief Executive Officer.[1] Eton Park had offices in New York City, London, and Hong Kong.[1] From 2012 to 2014, Eton Park's annualized return averaged over 13% while the S&P500 averaged nearly 18%.[3]
Eton Park was founded in 2004 by Eric Mindich, who previously had been a partner at Goldman Sachs.[4] While at Goldman, Mindich was a senior member of its Principal Strategies group.[5] Eton Park's launch was one of the largest in history at $3.5 billion.[3]
On March 23, 2017, Mindich announced the fund would shut down after incurring a 10% loss in 2016.[6]