Moore Capital Takes In SAC Refugees

A team of nine from the now-defunct London office of SAC Capital Advisors LP has joined Louis Bacon’s $12.1 billion hedge fund Moore Capital Management LP. The team includes seven portfolio managers and two analysts. It is the largest group of portfolio managers to move together from SAC following the closure of its U.K. office at the end of 2013. A spokesman for Moore confirmed the hires. [WSJ]

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2 Responses to “Moore Capital Takes In SAC Refugees”

  1. Quant me maybe... says:

    Whatever happened with the SAC fleece auction on Ebay? Did the guy ever re-list at a reasonable price?