Duquense Vet Walji Shuts Second Hedge Fund

Dec 8 2011 | 2:26am ET

Nadeem Walji is shuttering his second hedge fund in as many years, liquidating his Duma Capital Management's sole fund. Unlike in 2009, when Walji's once-$500 million Duma Capital Partners closed its doors amidst major redemptions despite strong performance, Duma part deux never even reached critical mass for assets under management, making it difficult for Walji to attract the talent he sought.


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