Wed, Dec 12, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Omega Advisors Mahmood Reza joins BlueMountain as PM for global financials investing

Monday, July 16, 2018
Opalesque Industry Update - BlueMountain Capital Management, a private diversified alternative asset management firm, today announced that Mahmood Reza has joined the firm's equities team as Portfolio Manager of Global Financials equity investments, effective July 9. The new hire reflects BlueMountain's continued commitment to expand its multi-sector equity strategy.

In the newly-created position, Mr. Reza will identify and manage BlueMountain's equity investments in global financials across a range of sub-sectors.

Prior to joining BlueMountain, Mr. Reza was a portfolio manager and partner with Omega Advisors, where he was the sole portfolio manager specializing in financials for a multi-billion dollar long-short value-oriented fund. He previously held analyst positions with family office Rainin Group and Brahman Capital, and began his career at J.P. Morgan Securities as an investment banking analyst. Mr. Reza received his M.B.A. from Columbia Business School and holds a B.A. degree from Cornell University in Computer Science and Economics.

Mr. Reza will report to Lance Rosen, who joined Blue Mountain as Head of Equities last year.

Mr. Reza's hiring reflects BlueMountain's commitment to expand its long-short equity strategy, which covers industrials, energy, and financials, and will eventually include a range of other equity sectors.

"We're delighted to welcome Mahmood to BlueMountain," said Mr. Rosen. "His hiring is part of the expansion of our fundamental long-short equities team and reflects our view that a focused sector-based approach is the best way to capture the increasingly attractive opportunities in long-short equity. Mahmood's deep experience in the financial sector is a strong addition to our firm."

The firm plans to hire more sector portfolio managers and supporting analysts in the coming months. The addition of more fundamental long-short equity investment strategies complements the firm's quantitative and systematic equity investment strategies, led by Perry Vais.

"Our equities strategies have been and will continue to be a significant portion of our assets under management," said Stephen Siderow, Co-Founder and Co-President of BlueMountain. "The expansion of BlueMountain's equities strategies is part of a broader effort to strengthen our existing strategies and build new ones to enhance our integrated multi-strategy investment platform led by best-in-class talent."

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. People: Deutsche Bank appoints new country head in Switzerland, London's MENA Capital and Dubai's Al Mal agree collaboration deal, BlueBay appoints new CIO[more]

    Deutsche Bank appoints new country head in Switzerland From Investment Europe: Deutsche Bank has appointed Claudio de Sanctis as the new chief executive officer of Deutsche Bank (Switzerland) Ltd, effective 1 February 2019, after Peter (Pedro) Hinder decided to step down. The appoint

  2. Hedge funds pivot back to stocks, raising leverage from 2018 low[more]

    From Bloomberg: The smart money is finally warming up to U.S. equities after turning defensive in the past few months. Hedge funds' gross leverage, a measure of the industry's risk appetite, climbed 2.5 percentage points to 234.5 percent as of Nov. 29 from a one-year low reached 10 days earlier, cli

  3. Brexit: Hedge funds make big bets against post-Brexit UK economy, Hedge funds rent a lifeline to stay afloat in EU post-Brexit, Treasury green-lights sale of new EU funds into UK[more]

    Hedge funds make big bets against post-Brexit UK economy From The Guardian: A pair of hedge funds owned by prominent Brexit supporters have made significant bets against companies exposed to the British consumer including big high street names. Odey Asset Management, part-owned by Cr

  4. Trends: Licking their wounds, fund managers prep for rally in '19, Concerns rising over leveraged loan market[more]

    Licking their wounds, fund managers prep for rally in '19 From Reuters: With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at

  5. New Launches: Swiss boutique launches EM impact bond fund, Jungle Ventures to raise $200m third venture capital fund, CPR AM licences five funds with new climate rating, Sailing Capital seeks $1.5bn for second fund, Liquid multi-strategy alts focus of new Schroder fund, Vivo Capital rakes in $864m, Swiss group launches sustainable European small-cap fund[more]

    Swiss boutique launches EM impact bond fund From City Wire: Swiss impact investmenting boutique BlueOrchard has launched a Ucits-complaint impact bond fund. The Luxembourg-domiciled Emerging Markets SDG Impact Bond fund will allocate to companies in emerging and frontier markets and aims t