Blue Mountain Struggles With PG&E Losses

Blue Mountain’s Credit Alternatives Fund ended the first quarter of 2019 down -3.57% gross according to a copy of the fund’s March transparency report, a copy of which ValueWalk has been able to review. Q1 hedge fund letters, conference, scoops etc For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. According to the report, the $2.97 billion credit fund ended March with a year-to-date loss of -3.57% gross and -4% after including fees and expenses. Following these losses, over the past twelve months, the fund has returned…