duquesne capital management

Hard Times Hit
the Hedge Fund Business

Is it really such awful work to be a billionaire hedge fund manager? After suffering unusual loses this year, two well-known fund managers, Stanley Druckenmiller of Duquesne Capital Management, and Paolo Pellegrini of PSQR, said last week that they were getting out of the business.

Hedge-Fund Legend Druckenmiller Closing Up Shop

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.