Josh Fink, the son of BlackRock chairman Larry Fink has suffered deep losses in his own hedge fund, Enso Global Fund.AR Magazine reported that the fund managed by Josh Finkâ??s New York-based firm Enso Capital Management lost 60.5% in 2011.
The fund also declined an additional 7% this year through the end of April.
Fink reportedly now manages just $44m in assets, down from approximately $700m in 2008.
Enso was founded in 2002 with $4m in assets when Josh Fink was just 24 years old, using money borrowed from his father.
