Launches & Closures

Stone Milliner gets going with $1 billion-plus macro launch


Stone Milliner Asset Management, the London and Zug-based global macro fund run by a highly successful team of traders and portfolio managers from Moore Capital, is up and running in what is likely to be one of the biggest new hedge fund launches this year.

The firm, which is led by co-CIOs Jens-Peter Stein and Kornelius Klobucar from Switzerland and Christopher Nicoll from London, span out from Moore in January to start trading with initial assets of more than $1 billion – including significant seed investment from Moore itself – and currently has a team of 18 people.