Difference between revisions of "BlueMountain Capital Management LLC"
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BlueMountain Capital Management LLC is a [[private investment firm]] with offices in New York and London. Its founders helped pioneer [[credit-default swaps]].<ref>{{cite web|url=http://www.bloomberg.com/apps/news?pid=20601103&sid=a2x.O_QKzmlA&refer=us|name=BlueMountain Set to Earn $817 Million on Credit Swaps|org=Bloomberg|date=June 2, 2009}}</ref> | BlueMountain Capital Management LLC is a [[private investment firm]] with offices in New York and London. Its founders helped pioneer [[credit-default swaps]].<ref>{{cite web|url=http://www.bloomberg.com/apps/news?pid=20601103&sid=a2x.O_QKzmlA&refer=us|name=BlueMountain Set to Earn $817 Million on Credit Swaps|org=Bloomberg|date=June 2, 2009}}</ref> | ||
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| + | BlueMountain is one of the hedge fund founders of CMDX, the joint venture between the CME and Citadel to clear credit default swaps. | ||
BlueMountain bought pieces of [[General Motors]] Corp.’s $4.5 billion [[credit line]] and purchased [[derivatives]] linked to GM’s unsecured debt that would pay out if the company defaults, according to a letter from BlueMountain to shareholders. (GM filed for bankruptcy protection on June 1, 2009.) | BlueMountain bought pieces of [[General Motors]] Corp.’s $4.5 billion [[credit line]] and purchased [[derivatives]] linked to GM’s unsecured debt that would pay out if the company defaults, according to a letter from BlueMountain to shareholders. (GM filed for bankruptcy protection on June 1, 2009.) | ||
Revision as of 16:31, 2 June 2009
| BlueMountain Capital Management LLC | |
| Headquarters | New York and London |
|---|---|
| Key People | Samuel Cole, Chief Operating Officer |
| Employees | 130 |
| Website | www.bluemountaincapital.com |
BlueMountain Capital Management LLC is a private investment firm with offices in New York and London. Its founders helped pioneer credit-default swaps.[1]
BlueMountain is one of the hedge fund founders of CMDX, the joint venture between the CME and Citadel to clear credit default swaps.
BlueMountain bought pieces of General Motors Corp.’s $4.5 billion credit line and purchased derivatives linked to GM’s unsecured debt that would pay out if the company defaults, according to a letter from BlueMountain to shareholders. (GM filed for bankruptcy protection on June 1, 2009.)
History
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