BLUEMOUNTAIN CAPITAL MANAGEMENT
BlueMountain's Equity Alternatives fund reached USD650 million under management this year, from USD55 million at launch in April last year. The fund is innovative in its flexibility to execute a variety of different strategies ranging from trading equities versus credit to equity dispersion and this flexibility has paid off in the difficult market conditions this year. Managers Jon Loflin and Alan Gerstein, along with BlueMountain co-founder Andrew Feldstein, keep on top of the most recent equity derivative instruments and come up with novel trades to play dispersion, correlation and volatility. The resilience and growth of the fund in the past year is credited to the managers' cleverness and ability to adapt to different market conditions.
Nominees:
* Tisbury Capital Management * BlueMountain Capital Management
* Eaton Park Capital Management
