Long-Term Capital Management was a hedge fund management firm.
The company, which was founded by John Meriwether, was based in
Greenwich, Connecticut but collapsed in the 90's.
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Venture capital is long term.
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Management of short term assets (current assets) and short term liabilities (current liabilities) is commonly known as working capital management.
Working capital is a requirement of funds to meet the day to day working expenses. In a simple term working capital is an excess of current assets over the current liabilities. In working capital management we focus more on receivables management, cashmanagement and inventory management etc. Proper way of management of working capital is highly essential to ensure a dynamic stability of the financial position of an organization.