Louis Bacon, David Tepper, and more: Here are the biggest names that said goodbye to hedge funds in 2019
BlueMountain's co-founders closed several hedge fund strategies and became a part of insurer Assured Guaranty this year.
Prior to the sale, the firm had also closed its discretionary long-short strategy as well as its systematic equity fund. , the $2.5 billion Credit Alternative fund, the firm said it would focus on launching strategies"aligned with the firm's focus on collateralized loan obligations and structured finance."
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