A hedge fund with big-name backing has suffered another blow

Folger Hill Asset Management, a hedge fund backed by Leucadia, has suffered another blow. 
Rayne Gaisford, the director of risk management, left in recent weeks and plans to work in consulting, according to people familiar with the situation. 
Gaisford's departure marks at least the third in recent weeks at a senior level. The others are portfolio managers Mitul Shah and Jennifer Pollak, Business Insider previously reported.
Folger Hill has been struggling for some time.