Tuesday, October 28, 2008

Computraceone Tracks Computers And Helps Recover Those That Go Missing

One of Moore Capital's best traders is spinning out his hedge fund to create a new $2.5bn London-based asset manager in what is likely to be one of the year's biggest hedge fund launches.

Tim Leslie will take the Moore Credit fund and about 30 people based in London and New York who work for Moore Capital, the hedge fund with $15bn under management run by renowned trader and billionaire Louis Bacon since 1989.

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