Independents' Day

hedge fund administration

Whatever happened to LTCM? One of the interesting aspects of recent coverage of the hedge fund industry has been the disappearance from the 'generic hedge fund article' of Long Term Capital Management (LTCM), the hedge fund that famously blew up and lost its investors around $4.6bn in September 1998. Time was that no hedge fund article was complete without a reference to LTCM and its famous Nobel Prize winning principals. The LTCM slot seems now, for better or worse, to have been supplanted