Who bought Blue Mountain Capital?

Who bought Blue Mountain Capital?

(AGUS) has completed the acquisition of alternative asset management firm BlueMountain Capital Management, LLC (BlueMountain), on substantially the same terms disclosed on August 7, 2019, including the purchase of all of the outstanding equity interests in BlueMountain and its associated entities for a purchase price …

What happened Blue Mountain Capital?

In October of 2019, Assured Guaranty acquired BlueMountain Capital. In 2020, the firm was rebranded as Assured Investment Management.

What happened to Blue Mountain hedge fund?

Blue Mountain, which was acquired by bond insurer Assured Guaranty last year for $160 million, is working with Evercore on a process for liquidity options. The potential value of a deal could tally more than $1 billion, sources said, though it’s not clear how much will transact.

What does Bracebridge Capital do?

Bracebridge is a leading investment manager that pursues an absolute return strategy. Our business was founded in 1994. We trade a wide range of securities and derivatives – primarily in fixed income markets – with the goal of generating positive returns from pricing inefficiencies.

What lake is Bracebridge on?

Lake Muskoka
The character of the town of Bracebridge is shaped by its proximity to Lake Muskoka to which it is connected by 6 miles of the Muskoka River, and by the promise of abundant water power afforded by the great waterfall at the foot of the downtown.

How do hedge funds pay investors?

Hedge funds make money as part of a fee structure paid by fund investors based on assets under management (AUM). Funds typically receive a flat fee plus a percentage of positive returns that exceed some benchmark or hurdle rate.

Why is it called Bracebridge?

The settlement in Bracebridge was first known to the explorers and earliest settlers as North Falls and received its name Bracebridge as a Post Office in 1864. It’s name was derived from a book called “Bracebridge Hall” written by American author Washington Irving.

Is Bracebridge growing?

Newly released census data from Statistics Canada shows Bracebridge is Muskoka’s fastest growing town, having experienced a population increase of 8.1 per cent from 2016 to 2021. “Bracebridge is growing at a rate faster than almost any point in its history and it’s not surprising,” said Mayor Graydon Smith.

Are hedge funds LLP?

Most Hedge Funds Are Established As Limited Partnerships The investment manager is also invested in the fund and is compensated via a management fee, as well as a performance fee based on the fund’s annual performance.

Why is it called a hedge fund?

A hedge fund is an investment vehicle that caters to high-net-worth individuals, institutional investors, and other accredited investors. The term “hedge” is used because these funds historically focused on hedging risk by simultaneously buying and shorting assets in a long-short equity strategy.