Hedge fund legend Louis Bacon is planning to close Moore Capital Management after leading the firm for about 30 years, according to The Financial Times. The closure comes on the back of years of weakening performance and investors pulling capital from the firm’s global macro funds, the FT reported. Several […]
Louis Bacon is backing his protégé Greg Coffey’s new hedge fund, Kirkoswald Capital Partners, according to The Financial Times. Bacon, the founder of Moore Capital, once described Coffey as “the most impressive trader I’ve ever seen.” Coffey, from Sydney, is getting back into the industry. The billionaire Louis Bacon is […]
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