Levett Returns to Bacon’s Moore After Shutting Hedge Fund
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Chris Levett, who shut his commodity hedge-fund firm in 2013 after it posted almost three straight years of losses, plans to return to the industry with billionaire Louis Bacon’s Moore Capital Management LLC.
Levett, 44, will join New York-based Moore in London in September as a money manager, a spokesman for the New York-based firm said today. He managed as much as $5.1 billion at Clive Capital LLP in 2011, making it one of the biggest commodity funds in the world at the time. Levett previously worked at Moore before starting Clive in 2007.