Hedge Fund News From HedgeCo.Net

Samuel Cole Leaves Hedge Fund BlueMountain Capital, Considering `Options’

Bloomberg – Samuel Cole has left BlueMountain Capital Management LLC, where he served as chief operating officer and co-head of trading for the $4 billion fund whose founders helped create credit-default swaps.

“He’s considering a variety of other options,” said David Kaiyalethe, a company spokesman.Michael Liberman has been named new chief operating officer, Kaiyalethe said. Cole, 40, helped guide the hedge fund through the changing landscape of privately traded over-the-counter derivatives, which are being transformed into a regulated marketplace after the contracts complicated efforts to resolve the financial crisis.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply