Eton Park Garners $400M For Credit Fund

Jun 15 2012 | 5:35am ET

Eton Park Capital Management has raised more than $400 million for its new credit fund.

The New York-based hedge fund said in a regulatory filing that its Credit Opportunities Fund II closed on May 1 with some $401 million in commitments. The new vehicle invests in trust-preferred securities and collateralized debut obligations.

Eton Park has more than $12 billion in total assets under management.

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