People moves

Credit RV firm BlueMountain beefs up London presence

by

David Rubenstein
BlueMountain, the big US-based credit relative value specialist headed by former JP Morgan man Andrew Feldstein, is sending over two of its key business executives to its London office in a signal of the growing importance of Europe to the firm.

The firm, which now manages some $7 billion of assets, has appointed David Rubenstein as CEO of BlueMountain Europe. Rubenstein will also continue in his roles as BlueMountain’s CFO and general counsel on a global basis.

He is a member of the founders’ council of the Managed Funds Association and serves as