Moore rolls out Leslie fund


Moore Capital is gearing up to create a new fund structure for the existing credit strategy managed for the firm by Tim Leslie.

The new Moore Credit fund started with a small allocation from the main Moore fund vehicles. Leslie is based in London, and has been running the strategy from the firm's UK offices for the past three years.

Sources say Moore supremo, Louis Bacon, has been pleased with the results and is following his now well-established process for when a manager achieves success by putting a Moore-branded fund around the strategy - and making it possible for the