Clinton Son-in-Law’s Firm Is Said to Close Greece Hedge Fund
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Former President Bill Clinton and his son-in-law, Marc Mezvinsky, at an event in March 2015 supporting equality for women. A Greece-focused fund run by Mr. Mezvinsky’s firm is said to have lost nearly 90 percent of its value, and sources say it will be shutting down. CreditSpencer Platt/Getty Images
It was a hedge fund portfolio pitched by Hillary Clinton’s son-in-law, Marc Mezvinsky, as an opportunity to bet on a Greek economic revival.
Now, two years later, the Greece-focused fund is shutting down, after losing nearly 90 percent of its value, according to two investors with direct knowledge of the matter who spoke on the condition of anonymity.
Investors were told last month that the fund would close. The fund, Eaglevale Hellenic Opportunity, had raised $25 million from investors to buy Greek bank stocks and government debt…
Clinton Son-in-Law’s Firm Is Said to Close Greece Hedge Fund
