Moore seeks up to $500 mln for Coffey funds-source

Forbes – Hedge fund firm Moore Capital Management is looking to raise up to $500 million for two new hedge funds it has launched for star fund manager Greg Coffey, a source familiar with the matter told Reuters on Friday.

The firm, run by Louis Bacon, is seeking to raise $250 million each for two emerging markets-focused funds that were launched at the start of April, the source said.

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