
Eric Mindich
Event-driven investing, multi-strategy hedge funds, Goldman Sachs alumni network, hedge fund launches
Eric Mindich became Goldman Sachs's youngest partner in the firm's history at age 27, running the equity arbitrage and proprietary trading operations. In 2004, he founded Eton Park Capital Management, raising $3.5 billion at launch — the largest hedge fund launch at the time. Eton Park ran a multi-strategy approach including merger arbitrage, long/short equity, and various event-driven strategies. The fund had strong performance in its early years but faced headwinds as market conditions changed. Mindich wound down Eton Park in 2017, citing challenging market conditions for event-driven strategies. His career from youngest Goldman Sachs partner to $3.5 billion hedge fund launch is one of the most dramatic trajectories in Wall Street history. Even in winding down Eton Park, Mindich was credited for doing so in an orderly manner that protected investor capital, reflecting the professional rigor that had defined his reputation since his days on the Goldman trading floor.
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