Moore Capital ‘Didn’t Try That Hard’ at Succession
February 7, 2020 9:17 am |
By Leanna Orr
Moore Capital Management never found an heir to founder Louis Bacon because, at least in part, Bacon didn’t want a successor.
“We tried it; we failed,” Moore Capital’s president Elaine Crocker said of succession planning during a Thursday session at the Cayman Alternative Investment Summit. “We didn’t try that hard to be perfectly honest.”