Duff’s $100 Million Hedge Fund Spree Fails to Lure Investors

Duff Capital failed, former employees say, because its founder kept spending money as if the credit crunch weren’t happening. Duff agreed to pay $5.5 million a year in rent, according to a person familiar with the matter, and outfitted his top-floor offices with a food court, showers, a boardroom table for 20 and a skylight with panes that filtered bright light to keep traders from squinting at their computer screens.”
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