The New York Times wrote a brutal takedown of Chelsea Clinton's husband's hedge fund

Business Insider ^ | 03/23/2015 | Julia La Roche

[SeekAndFind]

The New York Times totally threw shade at Bill and Hillary Clinton's son-in-law, Marc Mezvinsky.

Matt Goldstein and Steve Eder wrote an article in The New York Times suggesting that Mezvinsky —who is married to Chelsea Clinton —had been able to gain access to investors with ties to the Clintons for the hedge fund he cofounded that has had "underwhelming returns."

About a month ago, The Wall Street Journal published a report about the fund's underperformance since its inception. The Times' report focuses primarily on Mezvinsky and his role in fund-raising and strategizing for the fund.

Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs colleagues — Bennett Grau and Mark Mallon — began raising money for Eaglevale Partners LP.

Some of Eaglevale's investors include hedge fund billionaire Marc Lasry and Goldman Sachs CEO Lloyd Blankfein, the report said.

Lasry, a longtime Clinton friend, runs Avenue Capital, where Chelsea previously worked after graduating from Stanford. Lasry told The Times that he "gave them money because I thought they would make me money."

A Goldman spokesman told The Times that Blankfein invested in Eaglevale because of his relationship with Grau, the fund's chief investment officer. At the DealBook Conference in December, Blankfein, who has been a strong supporter of Democrats in the past, said he had "always been a fan of Hillary Clinton." Hillary is expected to announce her presidential campaign soon.

[LucyT]

‘Draft Joe Biden’ movement aims to topple Hillary Clinton

The New York Times wrote a brutal takedown of Chelsea Clinton's husband's hedge fund

Check out article and comments. Thanks, Maggie.

[bgill]

Guess that’s why the msm is pushing the grandparent stories today.