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Mar 19 2008 12:00am EDT
Meriwether Decimates his Partners' Capital, Again
JWM Partners LLC, the investment firm run by ex-Long-Term Capital Management LP chief John Meriwether, lost 24 percent in its $1 billion fixed-income hedge fund this year through March 14, according to two people with knowledge of the matter.
So, how much money do you think Meriwether is going to be able to raise for his third hedge fund? Does anybody see a parallel between John Meriwether and the famous Capital Decimation Partners?
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