Reuters – John Meriwether and the other partners in his hedge-fund company, JWM Partners LLC, are considering launching a new fund, the Wall Street Journal said, citing a senior official at the company.
The new fund could be set up within JWM Partners or in a new company, the paper said, citing the official.
The fund’s launch remains some way off and could still fall apart, the paper said.
The official told the paper that it was too early to say what investment strategy the fund would use.