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 19, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - BUSINESS CAPITAL FUNDING CAMPAIGN INCORPORATED
Around the Web
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
- 'Miracle' more weren't shot by rifle-toting man
By CAROLYN THOMPSON, Associated Press - Wednesday Nov 15, 2017
CHEEKTOWAGA, N.Y. (AP) — It's a "miracle" more people weren't wounded when a man dressed in camouflage, wearing body armor and armed with two semi-automatic rifles sprayed a retail store with dozens of rounds, wounding one man, before being tackled by police, authorities said.Police in the town of Cheektowaga said the gunfire erupted around 2:45 p.m. Tuesday outside a Dollar General store. The gunman fired repeatedly at the store's entrance from outside while several customers and employees were inside, police Chief David Zack said.
- 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.
- Trend Micro Launches New $100 Million Venture Fund
By Business Wire - Monday Jun 26, 2017
PRESS RELEASE: Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced the launch of a corporate venture fund to explore emerging technology markets. With an initial investment of $100...
- New Twist on Venture Capital Taps a Well-Connected Village
By Erin Griffith - Monday Sep 25, 2017
Long list of luminaries backs new VC fund, pledges 'time and energy' to the portfolio.
- InVision secures $100 million for digital product design
By Bérénice Magistretti - Wednesday Nov 1, 2017
InVision, which provides software to facilitate digital product design, announced today that it has secured a whopping $100 million in a round led by Battery Ventures. Spark Capital and Geodesic Capital also participated, joining existing investors Accel, Tiger Global Management, FirstMark Capital, and Iconiq Capital. This brings the startup’s total funding to $235 million. InVision […]