Lutetium Capital LLC, a hedge-fund firm that invests in distressed securities, is liquidating its two credit funds and returning all of the money it was managing to investors by next month, according to co-founder Michael Carley. The firm oversees approximately $150 million, according to a person with knowledge of the firm who asked not to be identified because the information is private. The Stamford, Connecticut-based business told investors it would liquidate...