Disclaimer: This website is a compilation of stories about Louis Bacon and Moore Capital Management that are posted in various sources around the internet. Links are provided to the full article's.

Romney sailing in Louis Bacon's troubled waters

Millionaire Louis Bacon has been doing much damage in the Caribbean region especially the Bahamas over the past several years where his alleged financial support and influence was felt under the former Free National Movement government once led by Prime Minister Hubert Ingraham, whose government were just toppled by Prime Minister Perry Christie and the Progressive Liberal Party back on May 7th, 2012.

The defeat at the polls, caused the hedge fund millionaire to flee to the Turks & Caicos Islands and now as we understand the Cayman Island where its alleged that he is dragging his republican friend Governor Mitt Romney along with him.

ABC News has reported the sighting of Republican Presidential Candidate Mitt Romney’s campaign Party Yacht flying the Cayman Island flag.

The Cayman is the islands is a territory, that wealthy folks like Louis Bacon and Mitt Romney use as an offshore bank to stash their wealth. Could it be that these two birds could have been flying their cash around trying to find a safe haven to stash their millions.

Louis Bacon is said to have raised millions dollars for Romney at fund raising events in Britain and the United States.

Read the full story in the Bahamas National here.

Louis Bacon’s Moore Global Investment fund has struggled to produce positive returns in 2018

A top-performing hedge fund has taken the bold step of almost completely dumping its equity holdings, ahead of what it fears will be a “substantial market correction — or worse”.

Managing Partners Group, a UK fund manager that runs a small but strongly performing hedge fund called Vita Nova, said it thinks a setback for stocks is “inevitable”, with the only debate “being whether it will manifest in a bear run, or an outright stock market crash”.

The MSCI World, a leading global equities index, made 5.4% in dollar terms to the end of September. Other famed hedge funds, such as Louis Bacon’s Moore Global Investment fund, have struggled to produce positive returns in 2018, according to industry figures.

Read the full story in the Financial News here.

Louis Bacon sued by Hip Hop Artist Bianca McKinney

Attempt by hedge fund billionaire Louis Bacon of KKK heritage to end legal effort of an indigent disabled black woman on social security, reveals that unbeknownst to her, his Hollywood superstar lawyer, Marty Singer, was also secretly embedded in her legal camp.

Inquiring minds want to know how it is that Bianca McKinney (“McKinney”), an indigent disabled black woman on social security in the USA, could have survived the herculean attempt by hedge fund billionaire Louis Bacon (“Bacon”) to strike out her California, USA multimillion dollar lawsuit jointly against him and Michael Artan (“Artan”), a California-based Criminal Defence Attorney.

In civil case No. BC-624474 initiated by McKinney on the 21st of June 2016 in the Superior Court of California by her first attorney, Michael Saltz (“Saltz”), she jointly sued Bacon and Artan for (1) Fraudulent Concealment, (2) Invasion of Privacy, (3) Intentional Infliction of Emotional Distress; and (4) Violations of the Bane Civil Rights Act.

Read the full story here.

Is Louis Bacon concerned about Insider trading?

Domo, Inc. (NASDAQ:DOMO) is one of a stock that has had recent insider trading activity in the public market.

The insider holding in Domo, Inc. (DOMO) stood at 1.7% while institutions hold 69.2%.

Institutional Venture Management Xiii, Llc is the largest single holder among mutual funds with ownership of over 1.37M DOMO shares as of June 30, with a market value of approx. $37.34M as of today. The second largest holder, Louis Moore Bacon, with 867500 shares which equates to $23.68M worth of the stock.

Read the full story here.

Louis Bacon backs hedge fund offering 16 percent loans

Promise of 8% Return Becomes Offer of 16% Loan for Ponzi Victims.

About 10,000 investors -- many of them retirees -- were swindled out of $1.2 billion they had sunk into a now-bankrupt real-estate developer that federal regulators say was a Ponzi scheme.

Some of the victims are of modest means for whom the losses represented a big blow. And so after the developer -- a Los Angeles-based firm called Woodbridge Group of Cos. -- blocked investors from selling their claims, the judge overseeing the case allowed them to borrow against what they stand to recoup after the assets are liquidated.

A couple of weeks ago, a little-known hedge fund by the name of Axar Capital Management was chosen to exclusively grant the loans after discussions with bigger rivals like Och-Ziff Capital Management and Apollo Global Management. The rate: 16 percent.

No one is accusing Axar, which is backed by billionaires Louis Moore Bacon and Julian Robertson, of wrongdoing.

Read the full story in Bloomberg here.

Louis Bacon attempts to influence U.S. elections with his money

A new super PAC connected to a network of nonpartisan political action committees put roughly $146,000 behind Democratic House candidates this week ahead of competitive primary elections later this month.

Combined, the eight super PACs connected to No Labels have raised more than $9.8 million in itemized individual donations, primarily from five- and six-figure donors. Chicago White Sox and Bulls owner Jerry Reinsdorf, hedge fund manager Louis Bacon, former Major League Baseball Commissioner Allan Selig and Wheels Inc. executive Jim Frank are among the handful of donors who contributed to two or more of the eight PACs.

The super PACs have spent more than $3 million supporting and opposing candidates of both parties in the 2018 election cycle.

Read the full story here.

Louis Bacon locked in a bizarre dispute in the Bahamas

Janet Yellen is finally cashing in.

The former Federal Reserve chair spent the past week in New York getting wined and dined — and paid handsomely — by Wall Street bigwigs, just weeks after stepping down from the helm of the world’s most powerful central bank, sources told The Post.

Ten guests “representing more than $100 billion in assets” chatted about “current fiscal policy, trade wars with China, Donald Trump’s initiatives, tax cuts, etc.,” according to the source.

Other guests included Dmitry Balyasny, whose $12 billion hedge fund is known to throw notorious parties at Cipriani’s and the Fontainebleau; and Louis Bacon of Moore Capital, who famously has been locked in a bizarre, bitter property-line dispute in the Bahamas with fashion mogul Peter Nygard.

Read the full story in the New York Post here.

Bianca McKinney vs. Louis Bacon

Case Number: BC624474 Hearing Date: March 29, 2018 Dept: 53
bianca mckinney vs. louis bacon , et al.; BC624474, March 29, 2018
[tentative] order re: plaintiff’s COUNSEL’S motion to be relieved as counsel
The motion of counsel for Plaintiff Bianca McKinney to be relieved as counsel is GRANTED.
Full information found at Lawzilla here.

Bahamas Save The Bays is just another tool of Louis Bacon

In 2013, Save The Bays was formed with hedge-fund billionaire Louis Bacon as one of its founders. Bacon is also currently Save The Bays’ chief funder. At this point in 2013, Louis Bacon and fashion mogul Peter Nygard had already been in a several-years-long fight.

So when you look at the activities of Save The Bays, you can’t help but to come to the conclusion that Save The Bays is just another tool of Bacon’s in his attempts to destroy Peter Nygard.

Though, I could be wrong; you be the judge.

After Save The Bays was formed, one of their first actions was to make an application for a judicial review against the Government of The Bahamas. (Enter stage left – attorney Fred Smith).

It had already appeared that Save The Bays had two main targets in all of their actions: We can surmise that their main targets were The Progressive Liberal Party (PLP) Government and Mr. Peter Nygard—this is based on Save The Bays’ behavior.

Read the full story in the Bahama Journal here.

Moore Capital’s European operation seeing changes

Changes are being made to Moore Capital’s European operation to mark the start of 2018.

Hassim Osman Dhoda, a former senior macro trader at Moore Capital in London quit at the end of last year and has formed a new macro fund – Soloda Investment Advisors, which was registered with Companies House on December 28th 2017. For the moment, Dhoda is Soloda’s only employee. 

Registrations with Companies House in London also suggest that Moore Europe Capital Management has “terminated” various “members.” These include finance director Garth Gasgoigne, global head of trading Maurizio Alfano, and portfolio managers Angelie Ashwin Moledina and Luis Valderrama.

Read the full story here.

Why did Louis Bacon Refuse Truce Offer?

The longer this battle between billionaires in The Bahamas in this Clifton conflict is unresolved, the more confusing it is. Will it ever end? Will we ever get our questions answered?

Well we know that fashion mogul Peter Nygard tried to call a truce with hedge-fund billionaire Louis Moore Bacon 2 years ago, which Bacon obviously refused. We have not heard that anything has changed since then; so chances are, this strife is not ending any time soon.

Peter Nygard offered to give the millions they pay to lawyers to the people in The Bahamas instead for much needed projects, but since Bacon appeared to never be one for giving to the people of The Bahamas, that didn’t likely appeal to him.

Read the full story in The Bahama Journal here.

Louis Bacon Chief Funder of Save The Bays

What ever happened to the matter that was put before the Inter-American Commission on Human Rights (IACHR) by the Save The Bays 5? Is the Commonwealth of The Bahamas still on a list with rogue nations that kidnap, torture and kill its citizens?

The Bahamas got on that list because of actions by Fred Smith, thru the Grand Bahama Human Rights Association, working on behalf of Save The Bays, which is chiefly funded by hedge-fund billionaire Louis Moore Bacon. Fred Smith filed a petition with the IACHR citing that the Save The Bays 5 were in fear for their lives.

Save The Bays is an organization operating in The Bahamas that has established itself as an environmental group. It has a United States 501(c)(3) status and its chief funder, as they have indicated, is hedge-fund billionaire Louis Bacon. Contradictorily, they have also called themselves a political organization, which is actually in violation of U.S. Treasury rules for any 501(c)(3) to do.

Read the full story in the Bahama Journal here.

Secretive Fund Guru Louis Moore Bacon

Bacon has been the subject of some less-than-stellar press attention like the bitter dispute on the island with retail tycoon Peter Nygard. He even brought a defamation case against Nygard for spreading ‘malicious’ rumors of a close association with the Ku Klux Klan, and attempts to falsely link him to arson, bribery, drug smuggling, and murder. Bacon has emphatically denied all these claims.

Read the full story here.

The Elusive Truce in the Bahamas

The battle between Lyford Cay billionaires hedge-fund billionaire Louis Moore Bacon and fashion mogul Peter Nygard seems never-ending, but not for lack of trying to end it by Peter Nygard. Back in November of 2015, Nygard extended an olive branch to Bacon to end this feud. However, Bacon refused.


Nygard said it was one of many overtures of peace to Bacon. They have all been refused. To date, the money spent on this battle is in the tens of millions if not more.

In the 2015 open letter Nygard expressed:

“As 2015 draws to a close and we approach the holiday season, let us bring this fighting to an end and reach a global resolution under which Mr. Bacon and I will each contribute a significant and mutually agreed upon sum of money to aid the disadvantaged and better the islands. In this spirit, I am writing to invite all of you and/or your representatives to participate in a settlement conference to explore a resolution to all outstanding disputes, including legal actions, to take place as soon as possible in Nassau or wherever is most convenient.”

We are coming up on another holiday season with still no cessation to this million-dollar conflict.

Here is more of what Mr. Nygard wrote in his letter from two years ago.

Read the full story in the Bahama Journal here.

Louis Bacon’s Countless Court Absences

Fred Smith, Save The Bays Director and attorney, is hypocritically up in arms over fashion mogul Peter Nygard’s application (submitted by attorney Damian Gomez) to be excused from court appearances, despite the fact that hedge-fund billionaire Louis Moore Bacon is absent from all court cases he has launched in The Bahamas.

A recent Tribune article “Supreme Court Judge To Give Ruling On Nygard’s Absence” reported, “Fred Smith, QC, lead counsel for the Save The Bays (STB), objected to Mr Gomez’s application on the grounds that acceding to it would be prejudicial to STB.”

The article says this about the response from Mr. Nygard’s attorney: “Mr Gomez also submitted that given the circumstances, Mr Nygard’s absence and consequent application can cause no prejudice to STB. He said he was ‘at a loss’ about STB’s claims on the matter.”

Mr. Gomez has to be at a loss over Fred Smith’s hypocritical objections when every court case involving Louis Bacon is taking place without Louis Bacon being present. Yet, the article explains, “Mr Smith insisted on STB’s opposition of his [Nygard’s] excusal application.”

Bacon has brought cases against people for contempt of court and has never shown up in court for any of these cases. He has brought lawsuits against several individuals and hasn’t shown up for them. Fred Smith and Louis Bacon’s cohort of attorneys have the Bahamian Courts tied up in numerous cases involving Louis Bacon or organizations with which he is associated, like Save The Bays and the Coalition To Save Clifton. Many of these cases have been ongoing and will go into next year.

Read the full story in the Bahama Journal here.

Louis Bacon’s defamation lawsuit tossed

A Manhattan judge had little interest in hearing arguments Tuesday from a hedge-fund titan’s lawyers over why his $50 million defamation lawsuit should be reinstated.

Billionaire Louis Bacon’s suit against fashion mogul Peter Nygard was tossed in August by Judge Cynthia Kern, who said the case should be brought in the Bahamas, where the two men are neighbors.

On Tuesday, Bacon’s attorney, Bill Carmody, came to court to argue that the case has New York ties.

But Kern didn’t seem amused.

“I don’t want to spend 15 minutes on it. It’s really the same exact information I was considering the first time,” Kern groused. “I don’t think I’m going to change my mind.”

Read the full story in the New York Post here.

Louis Bacon allegedly broke the law dredging sand ...

When it was established, Save The Bays described themselves as an environmental organization and even has a United States 501c3 status. Yet, they admit that they are a political organization. Seems to me that they are the ones abusing power and misleading the public, especially when it’s obvious that the only people in their scopes are Fashion Mogul Peter Nygard and the Progressive Liberal Party Government.

Well where were Save The Bays and Fred Smith when hedge-fund billionaire, Louis Bacon, allegedly broke the law dredging sand in front of his property out at Clifton to build a marina and boat basin without authority or permits?

Did Save The Bays and Fred Smith try to enforce the laws when the FNM government gave Bacon his approvals after the fact? Did Save The Bays and Fred Smith attack the FNM Government for rewarding such a flagrant disregard for the Bahamian law?

How about attacking Louis Bacon for dredging out at Clifton and his detriment to the environment?

Read the full story in the Bahama Journal here.

Louis Bacon incessant obsession with destroying Peter Nygard

Fred Smith, as Director and attorney for Save The Bays, took the previous Government of The Bahamas to court to stop the Government from making a decision they didn’t agree with.

Then Fred Smith, as Director and attorney for Save The Bays, took the Government to court because it didn’t want to abide by the new law in The Bahamas for all non-profits to be accountable and present requested information to the Registrar General’s Department.

Now he is threatening to fight the new Administration if he doesn’t get his way with this proposed bill.

Bottom line? Nobody trusts Fred Smith and his cohorts. Besides targeting all of their unjust attacks on Peter Nygard to please their funder Louis Bacon and his incessant obsession with destroying Peter Nygard, they have proven themselves to be continuously engaged in questionable dealings and have demonstrated not to have the best interest of The Bahamas at heart.

Read the full story in the Bahama Journal here.

Louis Bacon's Charitable Foundation Sues PJT Partners

Hedge fund billionaire Louis Bacon’s charitable foundation has sued Paul J. Taubman’s investment bank for fraud, claiming PJT Partners “bears responsibility for the foundation’s enormous loss” stemming from the Ponzi-like scheme of Andrew Caspersen.

Bacon’s Moore Charitable Foundation, which primarily works in land and wildlife conservation, and his Kendall JMAC investment vehicle, claim they lost $16 million in Caspersen’s fraudulent scheme and are demanding PJT Partners pay it back plus interest.

Bacon’s foundation invested nearly $25 million in one of Caspersen’s deals and claims PJT is “responsible in fact and law for its employee’s actions and for the foundation’s loss.”

Read the full story in Forbes here.

Media being sued on behalf of Louis Bacon

This battle in the heart of Clifton launched by hedge-fund billionaire Louis Bacon and Save The Bays—the so-called environmental group—against fashion mogul Peter Nygard has seen a number of casualties in terms of individuals and organizations sued by lawyers working on behalf of Bacon and Save The Bays.

Even now there are matters outstanding in the courts against any and everybody who has criticized Bacon and Save The Bays in some way; some of these court cases go as far back as 2013.

In fact, practically everyone in media, with the exception of the Tribune, has been sued by Graham Thompson and Associates (or Graham Thompson Attorneys as they are now called) on behalf of Louis Bacon.

But why the exception? Why is the Tribune the only media company not sued by Fred Smith, Graham Thompson or any other Bacon attorney? I think one need only read any article written concerning Louis Bacon or Peter Nygard published in the Tribune to discover the answer.

Read the full story in the Bahama Journal here.