duquesne capital management

Some hedge-fund managers are having a tough year. After suffering unusual losses, two well-known managers, Stanley Druckenmiller of Duquesne Capital and Paolo Pellegrini of PSQR, are leaving the business.

Hedge-fund manager Stanley Druckenmiller, who has never had a losing year in his three-decade career, says he's shutting his firm, Duquesne Capital Management. Druckenmiller said he's tired of the stress of managing clients' money.