CNBC – It’s a humbling time for Louis Moore Bacon. The 55-year-old founder of the $15 billion Moore Capital Management — and one of the premier hedge fund investors of the past two decades — just weathered his second down year in the past four after a particularly ragged run in the markets.
His onetime heir apparent recently launched his own fund and a spate of negative publicity in the past few years has raised questions about his management.