A hedge fund with roots to George Soros has shut down after a little more than two years of operation.
Randall Yuen, founder of Jafra Capital Management, told investors the firm would close its hedge funds at the end of September. At that time, Jafra will convert to a family office in order to focus only on managing Yuen’s own capital, according to a September 20 client letter obtained by Institutional Investor.