BlueMountain Capital Management, which manages a relative-value corporate credit fund with approximately $2.6 billion in assets, has hired four investment professionals. The New York-based firm is also actively seeking analysts and portfolio managers with European credit expertise. "We are not only committed to U.S. credit investments, but look to expand more into the global credit space," said Stephen Siderow, chief operating officer.
The firm hired portfolio manager Bryce Markus from Goldman Sachs, where he traded credit derivatives and corporate debt. It also tapped Arthur Berd to be a quantitative strategist. He hails from Lehman Brothers where he created a number of quantitative credit models and strategies for corporate bonds and credit derivatives. BlueMountain also hired two associate portfolio managers from Goldman. Jonathan Loflin focused on interest rate derivatives, credit risk structured equity derivatives and cross-market hybrids. Scott Smith was a credit derivatives trader at the investment bank. Berd, Markus, Loflin and Smith were not available for comment. Spokeswomen from Goldman and Lehman did not return calls.