Good credit: interview with Andrew Feldstein, BlueMountain Capital Management

Fund manager profile: BlueMountain Capital Management

andrew-feldstein-blue-mountain

Innovation is a word one hears a lot around Andrew Feldstein, CEO and CIO of BlueMountain Capital Management. Prior to co-founding the $4.5 billion hedge fund in 2003, Feldstein had a storied career at JP Morgan, where he was part of a group that pioneered advances in the use of derivatives and started a revolution in the way financial institutions manage credit risk.

Feldstein acknowledges the role some of these innovations played in bringing the financial sector to the brink of collapse in 200