Nothing like going out on a high note: BFK Capital Group reportedly is closing down hedge funds that grew more than 20% last year. According to Crain's New York Business, the decision came after two top senior portfolio managers, Seth Turkeltaub and Richard Lodewick, called it quits after failing to come to terms on long-term compensation. By the time they depart at the end of the month, the firm hopes to have completed liquidation of an estimated $615 million AUM from those funds. CEO Jeff Siciliano said in a statement that BFK "remains committed to offering alternative investment strategies to our clients, and we are continuing with our efforts to hire quality investment professionals." This is the second time in just six months that compensation issues wreaked havoc on the firm's hedge funds. In September, BFK shuttered an offshore offering that surged 41.3% after butting heads with Henry Levin, son of founder John Levin, over comp. That move sank the firm's assets by 62% to $4.5 billion, according to Crain's.