Co-founder to depart

Category: ABS CLOs CMBS

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Co-founder moves on

BlueMountain’s co-founder and co-president Stephen Siderow is set to leave the firm, but he will continue in his current management role through the end of this year to support an orderly transition. The firm was acquired by Assured Guaranty at the start of the month and is making a number of changes to its platform, including the wind down of its Blue Mountain Credit Alternatives Master Fund, which holds roughly US$2.5bn

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