Moore’s McIntyre to Lead Venture Firm With Daily Mail Backing

Louis Bacon’s Moore Capital Management and the publisher of British tabloid the Daily Mail are launching a new venture fund to be led by Moore executive James McIntyre, according to people familiar with the matter.

Renown Capital Partners will invest in early and growth stage private companies focused on the world’s transition to clean energy, the people said.

Moore Capital is providing $200 million of seed funding, while Daily Mail & General Trust Plc will invest an undisclosed amount.

McIntyre, a senior managing director and chief operating officer of Moore Strategic Ventures, is bringing a team of ...