Mindich’s Eton Park Says New Credit Fund Raised $401 Million

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Eton Park Capital Management LP, the hedge fund founded by Eric Mindich, raised more than $400 million for a hedge fund that will invest in trust preferred securities and collateralized debt obligations.

Credit Opportunities Fund II LP and its offshore affiliate closed on May 1 with about $401 million in capital commitments, the New York-based money management firm said in an amended investment adviser registration filed last month with the U.S. Securities and Exchange Commission.