- "Platinum Grove Asset Management, the $6 billion hedge-fund firm run by LTCM alumnus Myron Scholes, has lost 13% this month on credit trades, putting it 10% down for the year, according to a person familiar with the fund. "
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- "Also, Farallon Capital Management LLC in San Francisco, which manages about $36 billion, has lost 5.6% this year through last week in its flagship Farallon Capital Partners fund. "
- "And Steven Cohen's SAC Multistrategy Fund is down about 3% this year through last week, according to investors. The Stamford, Conn., firm oversees $16 billion."
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