Hedge Fund Co-founded By Chelsea Clinton's Husband Suffers Greek-related Losses, Report Says

The hedge fund co-founded by Bill and Hillary Clinton's son-in-law suffered losses tied to an ill-timed bet on Greece's economic recovery, according to documents reviewed by The Wall Street Journal. Eaglevale Partners LP, founded by Marc Mezvinsky and two former colleagues from Goldman Sachs Group Inc., told investors in a letter sent last week they had been "incorrect" on Greece, helping produce losses for the firm's main fund during two of the past three years, the report said. Though the fund is small, its moves were closely followed, partly because of Mezvinsky's family connection, the report said.