Moore gets into giveback game

Thu Apr 1, 2004

Louis Bacon's Moore Capital is handing back $485 million of the assets in its Moore Global Fixed-Income Fund to investors. The givebacks are part of an effort to manage the firm's asset base and are said to be the first profit distribution in the history of the fund.

Moore's givebacks come on the...

ISSN: 2151-1845 / CDC10004H

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