Clinton Son-In-Law Marc Mezvinsky Shuts Failed Hedge Fund
Anything for the In-Laws: Marc Mezvinsky sits with wife Chelsea Clinton during the closing Plenary session of the seventh Annual Meeting of the Clinton Global Initiative (CGI), which is run by her famous dad, Bill Clinton. Image by Getty Images
It’s been a hard few months for the Clintons. Hillary Clinton lost her presidential campaign back in November, after running as the heavy favorite for months. And now Chelsea Clinton’s husband, Marc Mezvinsky, is having his own problems, closing his Eaglevale Partners hedge fund after it failed to meet expectations.
A unnamed source told Bloomberg that the private group was returning money to investors and unwinding its operations, after Mezvinsky and his partners – all Goldman Sachs alumni – made the decision to shut down back in December.
Mezvinsky and Clinton attended Stanford together as undergrads. Married in an interfaith ceremony seven years ago, the couple has two young children, toddler Charlotte and infant Aidan.
His mother, Marjorie Margolies, served one term in Congress under President Bill Clinton, losing her seat after supporting his tax plan. His father Edward Mezvinsky, also a former congressman, was convicted for running a Ponzi scheme and spent five years in prison.
Contact Daniel J. Solomon at solomon@forward.com or on Twitter @DanielJSolomon
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