Broker fired for ‘Wolf of Wall St’ style party

US hedge fund Moore Capital Management has fired a portfolio manager a day after a media report of a raucous party involving ‘costumed midgets’ and Champagne that he threw at a rented $20m mansion in the Hamptons, New York’s summer playground for the rich and famous.

Brett Barna had been employed for six years at Moore Capital, the $15b hedge fund run by billionaire Louis Bacon.

“Mr Barna’s personal judgment was inconsistent with the firm’s values. He is no longer employed by Moore Capital Management,” the firm’s spokesman, Patrick Scanlan, said in a statement.