Hedge Funds

Moore spin-out Stone Milliner goes solo as major standalone player in global macro space


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

Jens-Peter Stein and Kornelius Klobucar
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.

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