Chelsea Clinton’s Husband Closes Hedge Fund Due to Poor Performance
12th May 2016
Being a Child of the Crust only takes you so far.
The Eaglevale Hellenic Opportunity Offshore Fund, a pooled investment fund domiciled in the Cayman Islands, lost 90 per cent of its value after its main investment – Greek banking stocks and government debt – failed to recover.
It would have been a blow for executive Marc Mezvinsky, who married Chelsea Clinton in 2010, as he had pitched the idea for the portfolio, as reported by the New York Times.
Note they key phrase: ‘would have been’.
Prediction: Nobody will get fired, nobody will go to jail.