Is hedge funder Larry Creel, a partner at Edgewood Management, ready to settle down? It's difficult to say. Mr. Creel, with his wife Dana Fentress Creel, has just closed on a townhouse at 110 East 78th Street, according to city records, paying $8.95 million for the charming four-bedroom, which dates to 1899. But homey as the place looks, as the nosier precincts of the press—and public documents—have it, the life and times of Creel have been a bit, unsettled, in recent years.