Pequot Capital Management will shutter three of its smaller
hedge funds and say goodbye to two portfolio managers by
The Westport, Conn.-based firms Pequot Strategic Equity
Fund, Pequot Event Driven Fund and Pequot Dynamic Strategies
Fund all launched in 2006 at the firms San Francisco
offices and struggled with performance this year. The firm
manages $7.5 billion, up slightly from $7.3 billion...