Hedge Fund Latimer Light Says it is Shutting Down

(Reuters) Hedge fund Latimer Light Capital, which specialized in picking stocks, is closing its doors, becoming the latest casualty in an industry pummeled by the recent stock market sell-off. New York-based Latimer Light told investors it plans to shut down in a letter it emailed on Friday, according to people familiar with the matter. A spokesperson for the firm declined to comment.

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