BlueMountain Lures Former Deutsche Exec. Out Of Retirement

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.

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