This content is from: Premium

BlueMountain Was One of the Biggest Losers of the First Quarter

The hedge fund firm suffered as PG&E’s stock sank — but it may now be recouping its losses.

BlueMountain Capital Management — the hedge fund firm fighting a proxy battle over the future of bankrupt California power company PG&E — has another problem.Its main fund, BlueMountain Credit Alternatives, is down 4 percent for the year through April 5, according to HSBC’s weekly hedge fund performance report.BlueMountain’s fund, which

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content