JPMorgan’s Staley Quits to Join BlueMountain Hedge Fund

January 8, 2013
Bloomberg News

Feldstein co-founded BlueMountain with Harvard Law friend Stephen Siderow in a spinoff from BlueCrest Capital Management LLP. Affiliated Managers Group Inc., the company with stakes in firms overseeing about $416 billion, last year increased its minority stake in BlueMountain.

Proceeds from the stake sale to Staley will be invested in new infrastructure, technology and people, BlueMountain said.

 

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