Louis Bacon
Louis Bacon is recognized as a buttoned-up hedge fund king and a macro trading legend on Wall Street. He is the Founder, Chairman and Principal Investment Manager of Moore Capital Management, a leading private investment management firm. Under his leadership, MCM has been recognized as one of the largest and most successful hedge funds. Bacon is a conservation philanthropist who has dedicated more than two decades to protecting natural resources in the United States and abroad. Prior to MCM, he was a Senior Vice President at Lehman Brothers, and also held positions at Walter N. Frank & Co., a NYSE specialist firm, and Bankers Trust.
Louis Bacon Professional Experience / Academic History
Professional Experience
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Founder and CEO
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Senior Vice President
Academic History
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M.B.A., Finance
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B.A., American Literature
CAREER HIGHLIGHTS
Some of his most successful trades include predicting the 1987 market crash, shorting the S&P futures, and later, taking long positions when the market hit its bottom.
In 1989, shortly after establishing his hedge fund, he shorted the Japanese Nikkei index and returned 86% due to the Japanese market crash.
He also predicted Iraq’s invasion of Kuwait and made big money on oil.
By 2019, his flagship, Remington funds, made a cumulative return of over 21,000%.
PHILANTHROPY
Bacon has received numerous honors for his commitment to conservation.
He is the Founder of The Moore Charitable Foundation which focuses on supporting conservation nonprofits.
He was instrumental in founding the Waterkeeper Alliance, the largest and fastest growing nonprofit solely focused on preserving and protecting clean water.
He was the lead investor in The Forestland Group, a timberland investment management organization.
CURRENT AFFILIATIONS
Board Member, Columbia Business School
Board Member, Foreign Policy Association
Executive Member, No Labels Founders Council
Board of Trustees, U.S. Ski
Board of Trustees, Snowboard Team Foundation
Leadership Council, Center for Public Leadership at Harvard Kennedy School
RECOGNITIONS
2024 Forbes Billionaires
2016 Forbes 400
2016 Forbes Highest-Earning Hedge Fund Managers
Land Trust Alliance President’s Award
Longleaf Alliance’s True Longleaf Champion Award
Chairman’s Leadership Award, National Fish and Wildlife Foundation
Riverkeeper’s Environmental Leadership Award
Theodore Roosevelt Conservation Partnership Conservation Achievement Award
North Carolina Wildlife Federation’s Governor’s Conservation Achievement Award
MEDIA & PUBLICATIONS
He has been profiled or featured in various leading financial media outlets and publications.
He has appeared in Forbes, Bloomberg, the Wall Street Journal, CNBC, Yahoo! Finance, Financial Times, Business Insider, Vanity Fair, and Institutional Investor, among others.