The reunion follows the closure of Zack’s firm, Hampton Capital.
|Zack H. Bacon III at the 2005 AR Symposium|
Moore Capital Management founder Louis Moore Bacon has rehired his older brother, Zack Hampton Bacon III, as a managing director in charge of strategic planning for his $15 billion firm. A spokesman for Moore confirmed the hire but declined to elaborate on what the role would entail, only to say that it wouldn’t involve trading.
The move follows the closure of Zack Bacon’s global macro shop Hampton Capital, which he founded in 2009. In his new position, Zack Bacon will again serve on Moore’s board of directors,