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
APRIL 14, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2014 - OLD ORCHARD CAPITAL MANAGEMENT LP
AROUND THE WEB
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
- Josh McCown did not slow the countdown to a QB change
By Howie Kussoy - Sunday Sep 10, 2017
ORCHARD PARK — Josh McCown needs to do more if the Jets are ever going to win this season. The 38-year-old veteran will need to do much more if he wants to keep his starting job. McCown was accurate, but largely ineffective in his first game with the Jets, completing 26-of-39 passes for 187 yards,...
- 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.
- NY Times sees jump in digital subscription revenue
By Reuters - Thursday Jul 27, 2017
The New York Times said on Thursday its digital subscription revenue overtook print advertising revenue for the first time — a key milestone in the 166-year old publisher’s efforts to transform itself into a digital media powerhouse. The company’s shares rose as much as 7 percent to their highest since the 2008 financial crisis as...
- Critic's Notebook: Fringe Festival? Not This Summer. Fringe Spirit? Definitely.
By LAURA COLLINS-HUGHES - Tuesday Sep 5, 2017
A plantation-set adaptation of “The Cherry Orchard” and a scatological monologue are visceral reminders of theater’s power to unsettle.
- Four arrested for beating, dragging 10-year-old girl by car
By Associated Press - Saturday Sep 2, 2017
ALBION, N.Y. — A 10-year-old girl who was beaten repeatedly, forced to run with heavy packs and dragged behind a car escaped her tormentors as they slept to ask a neighbor for help, police in central New York said Friday. Four adults were charged after the bruised and malnourished girl escaped on Wednesday from her...