Chelsea Clinton’s Husband Shuts Down Failed Hedge Fund

Chelsea Clinton’s Husband Shuts Down Failed Hedge Fund

Bill and Hillary Clinton’s son-in-law has shut down the hedge fund he co-founded in 2011. Marc Mezvinsky closed Eaglevale Partners in December, reports Bloomberg. He and his partners are in the process of returning the funds back to clients. Mezvinsky closed a failed spin-off of Eaglevale in May, 2016, after losing 90 percent of its funds…

Seth Klarman Tells His Investors: Central Banks Are Treating Investors Like “Foolish Children”

Volatility"Surreal doesn't even begin to describe this moment," Seth Klarman noted in his second-quarter letter to the Baupost Group investors.  Commenting on the market developments over the past six months, the value investor stated that events, which would typically occur over an extended time frame, had been compressed into just a few months. He noted Read More