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Aging hedge funds grapple with succession planning

Many of today’s top firms are tightly controlled by founders, making succession a top concern of investors.

December 8, 2010
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By Irwin Speizer

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Stanley Druckenmiller took the investment world by surprise in August when he announced he was shutting his New York–based Duquesne Capital Management and returning money to investors.

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Duquesne Paul Tudor Jones Druckenmiller Gartmore
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