Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...
NYS Entity Status
NYS Filing Date
JUNE 13, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2014 - HITCHWOOD CAPITAL MASTER FUND LP
AROUND THE WEB
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Adelson backs McMaster despite ties to campaign against him
By Bob Fredericks - Monday Aug 14, 2017
Vegas billionaire Sheldon Adelson came out in support of H.R. McMaster even though a group he funds, the Zionist Organization of America, supports a campaign against the embattled National Security Adviser, Axios reported on Monday. Andy Abboud, who reps Adelson, said Adelson didn’t even know about it. “Sheldon Adelson has nothing to do with the...
- Rapper Common surprises students at NY school, donates money
By MESFIN FEKADU, AP Music Writer - Thursday Jul 20, 2017
Rapper Common surprises students at NY school, donates moneyNEW YORK (AP) — Oscar and Grammy winner Common surprised a group of New York students by donating $10,000 to help their teachers buy supplies like calculators and science kits.The rapper-actor partnered with the nonprofit AdoptAClassroom.org and Burlington Stores to give Renaissance School of the Arts in Harlem the funds on Thursday.Jadon-Li M. Antoine, an aspiring musician, actor and dancer, said Common's visit motivates him to keep aiming for his dreams.Burlington has been raising money from its 599 stores to help other schools, asking customers to donate $1 or more.
Capital campaigns that fund more than buildings
Wednesday May 31, 2017
Graduating, finding the love of your life, having a child, losing a loved one, hiring a new executive director, developing a new strategic plan, and launching a significant capital campaign. What do these events have in common? They are all transformative milestones that significantly alter the course of the future.
While some milestones in an organization’s life are unavoidable– the retirement of a board chair or executive director, for instance– others like strategic planning or capital campaigns are sparked by the vision, discipline, and drive of determined leaders within the organization. They are pregnant with possibilities.
During a capital campaign, huge amounts of money are typically raised to support projects that would likely never happen without a big push forward: new buildings, endowments, the funding of life-saving research, or the acquisition of other agencies. But what about leveraging your capital campaign to fund significant changes within your organization too?
During my June 21 webinar with Andrea Kihlstedt, President of Capital Campaign Masters, we’ll unpack how a capital campaign can be a great opportunity to jumpstart progress on internal projects too by funding the restructuring of a team, a rebrand, a new website, or other critical infrastructure projects. It’s free to sign up-- won’t you join us?
- Ivanka Trump, World Bank launch fund for female entrepreneurs
By Associated Press - Saturday Jul 8, 2017
First Daughter Ivanka Trump and the World Bank are rolling out a new fund that aims to help female entrepreneurs access capital, financing and other support. World Bank Group President Jim Yong Kim says the Women Entrepreneurs Finance Initiative fund has so far raised $325 million from various governments. He hopes to leverage that into...