Marc Mezvinsky,, the son in law to both Bill and Hillary Clinton, has closed his hedge fund.
Have you ever heard of Marc Mezvinsky? That’s OK, neither did we. To us he’s just the Jewish guy who happened to marry Chelsea Clinton.
Bloomberg has reported that Eaglevale Partners, the hedge fund co-founded by Marc Mezvinsky, closed in December, just a few weeks after his mommy in law lost the Presidential elections. Could the fact that Hillary Clinton was now never going to be President be part of the reason why he was forced to close the fund?
Well Eaglevale was heavily invested in Greece and lost half of its value in 2015 due to the Greek economic crisis. The firm closed its Hellenic fund last may.
Eaglevale Partners was cofounded in 2011 by Marc Mezvinsky together with former Goldman Sachs traders Bennett Grau and Mark Mallon. Goldman CEO Lloyd Blankfein was one of the firm’s earliest investors.
So what does this mean for Bill Clinton and Hillary Clinton? Will daughter Chelsea Clinton and hubby Marc Mezvinsky have to move in with them now? Did they lose everything?
Life is really tough for people who have to trade on their family names and owe their whole careers and bank accounts to their parents fame and connections.
Marc Mezvinsky was born in Philadelphia in 1977. His parents both served in the U.S. House of Representatives at separate times. His father Edward Mezvinsky is a convicted felon.