Meriwether Said to Shut JWM Hedge Fund After Losses
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Meriwether Said to Shut JWM Hedge Fund After Losses
John Meriwether, who roiled global markets when Long-Term Capital Management LP collapsed in 1998, reportedly plans to shut his current hedge fund, JWM Partners LLC's Relative Value Opportunity Fund, after losing 44 percent from September 2007 to February 2009. Bloomberg's Cris Valerio reports. (Source: Bloomberg)
Bloomberg | July 8, 2009
