FrontPoint founder Phil Duff launches new firm


Phil Duff, who previously co-founded $9.3 billion FrontPoint Partners, announced the launch of his new alternative investment and advisory firm Wednesday.

Duff Capital Advisors launches with up to $500 million of capital from private equity firm Lindsay Goldberg.

Duff is in discussions with other groups to provide up to $1.5 billion in additional capital to seed the investment strategies it plans to roll out starting this spring. These strategies will include private equity, real assets and hedge funds.

Duff will focus on offering clients, such as pension funds, solutions regarding long-term funding liabilities. “Organizations with long-term liabilities are finding it