According to the firm's letters to investors, which have been reviewed by ValueWalk, BlueMountain's Credit Alternatives Fund set out in 2018 to re-organize its investment strategy.

According to the fund's second quarter 2018 letter to investors, it has now mostly completed this "re-underwriting of our team and allocation process," by re-developing "long-standing strategies" and adding "new complementary return streams." Following this reorganization, the firm has lifted its...

