Chelsea Clinton's husband Marc Mezvinsky shut down after Hillary Clinton loss

I guess you know that Chelsea Clinton is the only child of the former U.S Secretary of State and 2016 presidential candidate Hillary Clinton. Chelsea Clinton’s full name is Chelsea Victoria Clinton. She is also known as rising political star nowadays.

The recent news that got so much of popularity is when Chelsea’s husband Marc Mezvinsky shut down the hedge fund after the presidential election. People are keen to the reason behind that.

The hedge fund was shut one month after Hilary Clinton lost the Presidential Election

I cannot give you a perfect reason about that but we can provide you with something that may be useful for you. After a month of Hilary Clinton’s loss, her son in law shut down the hedge fund. It is known that the money is currently being sent to the investors.

Eagle age Partners is the name of the hedge fund which was started by Goldman Sachs Group Inc. traders Grau, Mezvinsky and Mark Mallon in 2011. The partners previously worked together in the bank’s trading desk.

In 2016, the shutting down of the fund was announced as the fund lost almost 90 percent of its value in just 2 years. That’s huge, right? How would it not lose it’s importance as the investors were no longer interested in the fund after Hilary lost.

It is known that $750 million Fund has been sent far as Seoul. Clinton previously said that it is shutting down because the donations are dropping after Hilary lost the election. It was once warned by the Free Beacon in 2015 not to give money to Eaglevale saying they are careless at their job.

Ed Mezvinsky, who is the father of Mezvinsky was caught cheating and sent to the federal prison for five years. Mezvinsky has not been seen in many of the events after the presidential election. He has also not revealed anything by himself. He is trying to be away from the light of media. He is now out of the full-time job. The fund is finally shut down after 5 years.

Mezvinsky lost a huge amount of money after trying to bet on the revival of the Greek economy. That may also be the reason behind the shutting down of the fund. His partners along with him raised $25 million to buy debt from the nation.

In 2014, Mezvinsky along with his partners declared confidence in the Hellenic Opportunity Fund thinking Greece was on the way to sustainable recovery. Well, the prediction turned out to false. Mezvinsky is not spotted in many events like he used to before. He is with his wife taking care of the children.