Eton Park Reduces Leverage Nearly 50%, Eliminates China Long Exposure Amid Volatility

(Hedgefund Intelligence) Eton Park Capital Management delivered its flagship multistrategy fund by nearly 50% prior to the recent market turmoil, putting a few hundred million dollars into cash. The $6.3 billion Eton Park Fund fund was at 0.94x leverage as of September 30, according to a recent investor letter, bringing it down to its lowest level since the second quarter of 2009.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply