Moore spin-out Stone Milliner goes solo as major standalone player in global macro space
April 20, 2012
Former Moore Capital and Morgan Stanley team have a strong multi-year record of managing risk and generating returns in all market conditions with their liquid and scalable macro strategy run from Zug and London
The spin-out from Moore Capital Management of Stone Milliner Asset Management, the $1 billion-plus Zug and London-based macro fund, has created a major new standalone player in the European-based global macro trading space.
|Jens-Peter Stein and Kornelius Klobucar|
Led by co-CIOs Jens-Peter Stein and Kornelius Klobucar from Switzerland and senior portfolio/trading manager Christopher Nicoll from London, Stone Milliner’s 18-strong line-up comprises a core investment team that worked together at Louis Bacon’s $15 billion firm for several years – and a business management team with extensive experience.
One of the largest new hedge fund launches seen in Europe since the 2008 crash, Stone Milliner span out from Moore in January to start trading with initial assets of more than $1 billion – including significant seed investment from Moore itself.
The fund is currently open for investment and is attracting keen interest among global investors at a time of high interest in...
The full contents of this article are only available to active EuroHedge subscribers and trialists.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to EuroHedge.
Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.