JPMorgans Staley Quits to Join BlueMountain Hedge Fund
January 8, 2013
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.