Is this business, or part of the groundwork for a political run from another Clinton?
Hillary Clinton’s son-in-law and husband to Chelsea Clinton, Mark Mezvinsky, shut down Eaglevale Partners, the hedge fund he started in 2011, according to Bloomberg News.
Based in New York, Eaglevale closed in December, the month after Clinton lost her presidential campaign against President Donald Trump. Though sources did not explain why the firm shuttered, they did say they’re “in the process of returning money to clients.”
Despite her son-in-law’s occupation, Clinton often attacked hedge fund managers during the 2016 contest, particularly the bruising primary with Sen. Bernie Sanders (I-VT).
That made it all the more troubling for Clinton when it was revealed that Eaglevale had a partner organization, Eaglevale Partners Offshore Fund, Ltd., which was incorporated in the Cayman Islands.
All this news comes as Chelsea Clinton seems to be upping her public profile and sparking rumors about a potential political run in the future. Mezvinsky’s tidying up his business dealings is yet another indication that the Clinton political dynasty might continue into the next generation.
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