Exclusive: Ex-Moore Capital's Viraj Mehti to launch $500 million hedge fund

LONDON (Reuters) - A London-based portfolio manager from Louis Bacon's former behemoth firm Moore Capital Management is preparing to launch his own hedge fund with more than $500 million in assets under management, three sources close to the matter told Reuters.Viraj Mehta's new equities fund follows a year of just 763 new launches globally, the lowest number since 2016, according to data from Eurekahedge.Hedge fund manager Bacon last November announced he was shutting his firm Moore Capital to..