UPDATE 4-Bacon’s Moore Capital to return client capital after 30 years
Louis Moore Bacon, the billionaire hedge
fund manager whose macroeconomic bets on currencies, interest
rates and other securities earned his Moore Capital Management
LP double-digit returns over 30 years, will stop investing for
outside clients, according to a letter sent to investors on
Thursday.
fund manager whose macroeconomic bets on currencies, interest
rates and other securities earned his Moore Capital Management
LP double-digit returns over 30 years, will stop investing for
outside clients, according to a letter sent to investors on
Thursday.
Posted by Reuters
