Betsy Gile Joins BlueMountain Capital Management as Senior Advisor.Asset Manager Hires Industry Leader Out of Retirement to Advise on Number of Initiatives including Internal/External Relations, Professional Development, Talent Acquisition and More NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Betsy Gile, currently a member of the Board of Directors of Deutsche Bank Trust Corporation and Deutsche Bank Trust Company Americas, and a former managing director at Deutsche Bank, has joined BlueMountain Capital Management as a managing director and senior strategic advisor. Ms. Gile will leverage more than 25 years in the credit and loan markets to help drive BlueMountain's client and investor relations Investor relations The process by which the corporation communicates with its investors. , internal professional development and talent acquisition efforts. Ms. Gile joined the firm on June 18 after two years of retirement. "I've known Betsy for more than a decade and have the utmost respect for her professionally and personally," said Andrew Feldstein, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of BlueMountain. "Bringing her talents to BlueMountain will make us an even stronger asset management firm, broadening our reach in the industry and helping us continue to grow both on the asset and talent side. As we enter new markets and expand our product offerings, Betsy's relationships will be crucial to our ability to scale up as needed as needed prn. See prn order. ." "We've made being a professional and institutional organization a top priority at the firm, and Betsy will help us continue to build an enduring franchise," said Stephen Siderow, president. "Betsy's deep experience in credit research, credit portfolio management and business management, as well as her broad industry relationships, will provide great value to the firm as a whole and its leadership group in particular." Prior to her retirement in 2005, Ms. Gile spent two years at Deutsche Bank (DB) as a managing director and global head of the Loan Exposure Management Group. In that role, she built a team to manage DB's $80 billion commercial loan portfolio by using capital market instruments and derivatives to reduce the volatility of financial results. The initiative led to the team being recognized by Risk magazine as "Credit Portfolio Team of the Year" in 2005. Before joining DB, Ms. Gile spent 24 years at J.P. Morgan, where she worked in virtually every aspect of credit origination and risk management. Over the course of her tenure in J.P. Morgan's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business, she was alternately responsible for such roles as High Grade Credit Markets trading, Credit Portfolio Management, Corporate Lending and Credit Research. While there, Ms. Gile worked directly with Andrew Feldstein and Gery Sampere, co-founders of BlueMountain, Bill Ingrassia, BlueMountain's head of credit research, and Ian Gazard, credit analyst. "BlueMountain is an asset manager that does things the right way, with a greater degree of transparency and structural integrity than many others in the alternative investing world," Ms. Gile said. "Knowing Andrew, Gery, Bill and Ian for some time, I'm not surprised that the firm has done as well as it has. In my new role with BlueMountain, I'll be able to focus on the things I enjoy most - working with investors and clients, recruiting young, hungry talent, and helping to add to the firm's success as it grows." Ms. Gile holds a B.A. in Government and History, graduating Phi Beta Kappa Phi Beta Kappa: see fraternity. Phi Beta Kappa Leading academic honour society in the U.S., which draws its membership from college and university students. The oldest Greek-letter society in the U.S. , Summa Cum Laude sum·ma cum lau·de adv. & adj. With the greatest honor. Used to express the highest academic distinction: graduated summa cum laude; a summa cum laude graduate. , from Dartmouth College. Ms. Gile's interests outside of her professional career include a range of roles in the not-for-profit world, including membership on the Investment Committee of the Board of Scenic Hudson, a nature and conservancy group, and her involvement with the Brooklyn Kindergarten Society, which provides early childhood education programs in low-income neighborhoods. Ms. Gile lives in Brooklyn with her husband, Larry, and two daughters, Kathryn and Lily. About BlueMountain Capital Management BlueMountain Capital Management invests--both long and short--in the global credit markets through credit default swaps Credit Default Swap A swap designed to transfer the credit exposure of fixed income products between parties. Notes: The buyer of a credit swap receives credit protection, whereas the seller of the swap guarantees the credit worthiness of the product. and other related credit and equity derivatives, as well as cash instruments. The company's investment philosophy focuses on continuous innovation and integrates three vectors: fundamental credit research, quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: , and technical market knowledge and experience. BlueMountain currently has nearly $4.0 billion in client funds under management in its hedge funds and also is the manager of 3 CLOs with an additional $1.4 billion in assets. BlueMountain Capital Management was founded in 2003 by Andrew Feldstein, CEO and CIO, Stephen Siderow, president, and Gery Sampere, portfolio manager. BlueMountain Capital Management is a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in with the SEC in the U.S., and has offices in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and London. |
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