For Clintons, a Hedge Fund in the Family

[marmar]

(New York Times) Since marrying Chelsea Clinton five years ago, Marc Mezvinsky, a money manager, appears to have settled into his life as Bill and Hillary Clinton’s son-in-law. He has regularly appeared at charitable events, once introducing the former president at the Clinton Foundation’s celebrity poker tournament by dryly saying, “You may have heard of my father-in-law.” And at the recent N.B.A. All-Star Game, Mr. Mezvinsky took a seat next to Mr. Clinton and his partner in charitable endeavors, Dikembe Mutombo, the former basketball star.

Beyond the glamour, being part of the Clinton family has provided Mr. Mezvinsky with another perk: access to wealthy investors with ties to the Clintons.

When Mr. Mezvinsky and his partners began raising money in 2011 for a new hedge fund firm, Eaglevale Partners, a number of investors in the firm were longtime supporters of the Clintons, according to interviews and financial documents reviewed by The New York Times. Tens of millions of dollars raised by Eaglevale can be attributed to investors with some relationship or link to the Clintons.

The investors include hedge fund managers like Marc Lasry and James Leitner; an overseas money management firm connected to the Rothschild family; and people from Goldman Sachs, including the chief executive, Lloyd C. Blankfein. Some of the investors in Eaglevale have contributed campaign money to the former president and Mrs. Clinton, who is widely expected to run for president again in 2016. Some have also contributed to the family’s foundation. ...............(more)

http://www.nytimes.com/2015/03/23/business/dealbook/for-clintons-a-hedge-fund-in-the-family.html?smprod=nytcore-iphone&smid=nytcore-iphone-share&_r=1

[cali]

1. ugh. just ugh.

[Erich Bloodaxe BSN]

2. I thought Chelsea used to be a hedge fund person?

So surely this isn't new, she no doubt was able to tap the people she knew back then for mom.

[NightWatcher]

3. So you're saying there's benefits from marrying into one of the most powerful families in the world?

Now that's just crazy

[misterhighwasted]

4. Like anyone who marries into a Presidential family, like maybe the Bush's

Or Clinton's..their lives will change forever.
Some call it a curse & some, a blessed life.

[wyldwolf]

7. Or the Kennedys. Hey! I bet being a Roosevelt had it's privileges.

[misterhighwasted]

8. No doubt it did. As high profile as the US President is..

..and on a global scale, the security of family must be intense. Considering the nature of the presidential job alone, one makes lifelong alliances as well as lifelong enemies.
Life changes forever & No matter where they someday retire, the fate of their children as they make their way in the world would offer considerable comfort in knowing they are protected within a circle of familiar friends.
Whomever they are.

[wyldwolf]

6. yeah! Say it ain't so!

LOL

[hedda_foil]

5. The Clintons.

Trying to out-Bush the Bushes since 2,000 AD.

[misterhighwasted]

9. Actually its the Bush's who are out for revenge since Bill Clinton..

..walked in and ended GHW's second term back in the 90's.
Bush's were blindsided by the election of Bill Clinton.

[hedda_foil]

10. Perhaps that was true in the 90s.

Now, GHWB sees Clinton as a member of the family, so to speak. They've spent a lot of their fundraising time together.

[BainsBane]

11. The sins of the mother

It is truly astonishing how little shame people have in blaming a woman for actions by her husband, daughter and now son-in-law. Naturally women are responsible for everything: their husbands have an affair, it's the woman's fault. Her daughter marries someone you think inappropriate, she bears responsibility. It's becoming increasingly clear that Clinton's primary sin is being born female, and people here will never forgive her for refusing to stay in her place. Posts like this make that evident. This isn't 1960, but you couldn't tell that from the nature of the attacks against Secretary Clinton, from some of the same people who point to some of the richest families in America as examples of Presidents they admire, Kennedy and Roosevelt. If only she had been born to one of the richest families in the country and made her priority slashing taxes on the wealthy, like JFK, then perhaps she could respect. Working for a living is just so common. Meanwhile, many of the same people insist an accused rapist should be immune from laws and criminal procedure. In light of such juxtapositions, it's hard to see the cumulative political position as about much more than maintaining patriarchy.

[NYC_SKP]

12. Nothing to see here. nt