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Updated: 03/02/2009 | 01:07 AM IST
Eton Park keen on parking funds in India
Shivnath Thukral
Tuesday, February 03, 2009 (Davos)
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Eton Park is one of the world’s top hedge funds and the one that has survived the Wall Street wipeout. With over $10 billion in investment, Eton Park's CEO, Eric Mindich is not hibernating this recession.

In fact, he is aggressively looking for opportunities that will prove robust over the next five years.

Mindich had left Goldman Sachs to start Eton Park in 2004. For Eton Park, India has been a clear focus with early investments in GMR, Reliance Capital. But now, more money is on its way, as assets turn cheap.

Meanwhile, the global hedge fund scene is changing, as many have been wiped off in the recession.

Having withstood those headwinds, Eton Park is clear that buying in this down cycle may bring more than just safety returns over a long term.

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