Hedge Funds

BlueMountain backs Darfur Airlift


Andrew Feldstein

BlueMountain Capital Management's Andrew Feldstein in October helped launch a veritable armada of airplanes that will deliver relief to the embattled Darfur region of Africa's Sudan, where one of the worst humanitarian disasters of the decade has caused hundreds of thousands of people to die and left millions homeless. BlueMountain has teamed with PNC Financial, Goldman Sachs and Merrill Lynch, which together have put down $2 million to get the planes loaded with antibiotics and other supplies.