Sunday, 31 July 2016
Last updated 1 day ago
Oct 1 2007 | 12:35pm ET
Some people just aren’t team players. Not content to continue advising his old employers at Morgan Stanley, FrontPoint Partners founder Phil Duff is striking out on his own.
Less than a year after selling seven-year-old FrontPoint to the firm he left to found it for $400 million, Duff is launching a new hedge fund this month. Robson Ventures will reportedly utilize both hedge fund and private equity strategies, calling itself “the next generation investment management company.” Reuters reports the fund will launch with some $300 million.