Saturday, 28 March 2015
Last updated 12 hours ago
Jun 25 2007 | 1:17pm ET
Betsy Gile, a former managing director at Deutsche Bank, recently came out of retirement to join BlueMountain Capital Management as a managing director and senior strategic advisor. In her new role at the hedge fund firm, Gile is tasked with helping to drive BlueMountain’s client and investor relations, internal professional development and talent acquisition efforts.
Prior to her retirement in 2005, Gile spent two years at Deutsche Bank as a managing director and global head of the loan exposure management group. In that role, she built a team to manage DB’s $80 billion commercial loan portfolio by using capital market instruments and derivatives to reduce the volatility of financial results.
“I’ve known Betsy for more than a decade and have the utmost respect for her professionally and personally,” said Andrew Feldstein, CEO and CIO of BlueMountain. “As we enter new markets and expand our product offerings, Betsy’s relationships will be crucial to our ability to scale up as needed.”
BlueMountain was founded in 2003 by Feldstein, Stephen Siderow and Gery Sampere. The firm currently manages about $4 billion of assets in its hedge funds and some $1.4 billion in three CLO products.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…