Duff Capital hits the brakes

Fri Nov 21, 2008




Duff Capital Advisors, the Greenwich, Conn.-based hedge fund platform launched by Phil Duff earlier this year, is finding it far tougher to raise money than anticipated and has been forced to lay off workers and scale back plans.

Duff Capital started in March with $500 million from New York private equity firm Lindsay Goldberg and had hoped...

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