Moore Capital Management COO Scott Lawin to Leave at Year-EndBy
Scott Lawin, Moore Capital Management’s chief operating officer, plans to step down after almost seven years at Louis Bacon’s $15 billion hedge fund firm.
Lawin, who joined the company in early 2010 from Fortress Investment Group LLC, will leave at year-end, according to Patrick Scanlan, a spokesman for the firm at Sard Verbinnen & Co. Lawin declined to comment.
Lawin is planning to leave the hedge fund industry to focus on investing in the data and technology area, and in the future may collaborate with Moore on those types of investments, according to a person with knowledge of the matter. Moore won’t fill Lawin’s role following the departure, and his responsibilities will be distributed among existing employees, the person said.
Prior to joining Moore, Lawin was COO for Fortress’s liquid-markets business, according to his LinkedIn profile. He joined New York-based Fortress in 2005 from Goldman Sachs Group Inc., where he worked for about a dozen years, his profile shows.