Venn Capital Management, the 18-month-old spinout from Stan Druckenmiller’s Duquesne Capital Management, is shutting down after a run of lackluster returns.
The New York firm founded by Kim Walin, Sender Cohen and Gene Lange in January 2006 is expected to return investor capital from Venn Global Opportunities Fund at the end of June. The fund has less than $100 million under management.
Meanwhile, two...