Wednesday 9 May 2012

Moore Capital Management believed to invest $800 million in ex-traders’ fund


Moore Capital Management invested $800 million in a hedge fund started in 2011 year by a couple of its former investors, said by two people with knowledge of the matter.
The investment permitted Stone Milliner Asset Management founders Jens-Peter Stein & Kornelius Klobucar to start buying and selling using more than $1 billion, stated the sources, that asked to not be names since the companies are private. They said Moore Capital’s funds have been in the handled accounts.

2 comments: