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BlueMountain Continues To Struggle In Market Turmoil

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Rupert Hargreaves
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Soon after the $19 billion hedge fund, BlueMountain Capital Management was sold to Assured Guaranty for $160 million in the second half of 2019, the firm announced the closure of its $2.5 billion flagship BlueMountain Credit Alternatives Master Fund.

The decision to close the fund came after years of underperformance. It failed to meet its annual...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha