JWM Partners

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JWM Partners LLC is a hedge fund started by John Meriwether after the collapse of Long Term Capital Management (LTCM) in 1998. LTCM was one of the most spectacular failures of wall street leading to a fed bailout of around 4$bn. Meriwether started the company with initial capital of $400 million with loyal quants and traders like Victor Haghani, Dick Leahy, Arjun Krishnamachar and Eric Rosenfeld. The company currently has around $3 billion in management with 51 employees. Eric Rosenfeld has since left the Fund to start his own fund.

[edit] Mission

The fund claims to use the same model as LTCM with more rigorous and better risk management. It also claims to have a leverage:capital ratio of 10:1

[edit] External links

• http://www.hoovers.com/jwm-partners/--ID__61105--/free-co-factsheet.xhtml

2. Dunbar, Nicholas (2000). Inventing Money. New York: John Wiley & Sons. ISBN 0-471-89999-2.