BlueMountain Names Macchetto Head Of Platform Distribution

Jul 20 2017 | 8:10pm ET

Diversified alternative asset manager BlueMountain Capital Management has named former Paulson & Co. executive Claudio Macchetto as head of platform distribution.

In his new role, Macchetto will be responsible for the marketing of BlueMountain’s diversified alternative investment strategies to wealth management channels and private banking platforms, the company said, as well as the management of retail distribution relationships globally. The position is new and becomes effective July 10.

Macchetto brings more than 22 years of financial services experience to his new position. Before joining BlueMountain, he was head of global platforms at alternative asset manager Paulson & Co. for over a decade, where he was responsible for all marketing and investor relations for the firm’s hedge funds through high net worth platforms.

Beforehand, Macchetto served in a series of management roles at Citigroup, including positions as CFO and director in the Fund of Hedge Funds group at Citigroup Alternative Investments (CAI). During that time, he led the development of CAI’s third party single manager platform, Hedge Forum.  

Before joining Citigroup, Mr. Macchetto was first vice president at Salomon Smith Barney, a senior associate in Booz Allen & Hamilton’s financial and health service group, and a global analyst at Institutional Shareholder Services. 

New York-based BlueMountain Capital Management was founded in 2003 by former JP Morgan executive Andrew Feldstein and ex-McKinsey senior consultant Stephen Siderow. The company is a multi-strategy absolute return manager with more than $22 billion in AUM deployed across credit, distressed, special situation, equity, structured finance and technical/arbitrage strategies.  

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