John Meriwether is an American hedge fund executive known for his expertise in fixed income arbitrage and his role in founding the hedge fund Long-Term Capital Management (LTCM). He is recognized for his significant impact on the financial industry.
John Meriwether was born in 1947 in Chicago, Illinois. He grew up in a middle-class family and attended Northwestern University, where he completed his undergraduate studies before earning an MBA from the University of Chicago.
Meriwether is a private individual who prefers to keep his personal life out of the public eye. He is known to have a passion for golf and has participated in several charity golf tournaments.
John Meriwether began his career at Salomon Brothers, where he rose to prominence as the head of the bond trading desk. He later founded LTCM, which became one of the most prominent hedge funds in the 1990s before its collapse in 1998. After LTCM, he went on to establish JWM Partners LLC.
John Meriwether's major achievements include his pioneering work in fixed income arbitrage at Salomon Brothers and the founding of LTCM, which was initially highly successful and influential in the financial world.
John Meriwether was involved in the Salomon Brothers bond trading scandal in 1991, which resulted in his resignation. Additionally, the collapse of LTCM in 1998, due to highly leveraged positions, marked a significant scandal in his career.
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