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These Are The Funds Louis Bacon Trusts His Foundation’s Money To

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Michelle deBoer-Jones
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Hedge fund managers are among those who make millions of dollars every year, and many of them engage in philanthropy. Some have even set up their own foundations to distribute their millions, and one of them is Louis Moore Bacon, the founder of the Moore Foundation and Moore Capital Management.

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We can get an idea of which hedge funds he trusts the most by looking at where his foundation invests its money. Here are Louis Bacon's favorite hedge funds and private equity funds based on his foundation's 990 for the fiscal year that ended in December 2019,...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.