Mon, May 27, 2019
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. Redemptions hit quant king AQR in performance slump[more]

    From Financial News: AQR Capital Management, one of the biggest quantitative fund managers, is undergoing a prolonged performance downturn that has led to investors withdrawing increasing amounts in 2019. The Connecticut-based firm, which manages both hedge funds and mainstream long-only funds,

  2. Investing: Hotshot active fund managers will soon have a way to play the ETF game, US hedge fund Coatue may lead $120m funding in Faasos parent, David Tepper's Appaloosa sharply boosts bet on U.S. stocks, 3 big-name pot stocks money managers dumped in the first quarter, Secretive investment firm Lone Pine Capital is quietly minting tech unicorns in Seattle, Hedge fund Marshall Wace is a secret winner in the Amazon-led $575m funding round for food-delivery company Deliveroo[more]

    Hotshot active fund managers will soon have a way to play the ETF game From CNBC: ActiveShares, a product built by financial innovation firm Precidian Investments, received an SEC nod that its so-called nontransparent ETFs should be approved. A marked break from the norm, nontransparent

  3. Tech: 'It's a cat-and-mouse game': The head of technology at $60bn hedge fund Two Sigma explains why cybersecurity is a bigger challenge than AI, Computer models won't beat the stock market any time soon[more]

    'It's a cat-and-mouse game': The head of technology at $60bn hedge fund Two Sigma explains why cybersecurity is a bigger challenge than AI From Business Insider: A big part of Alfred Spector's job is to think about the future. Spector, the chief technology officer at Two Sigma and head

  4. Activists: Voce Capital drops proxy fight with insurer Argo Group, Blackstone battles Elliott for QEP, Sony CEO stresses value of Sony pictures entertainment at strategy briefing[more]

    Voce Capital drops proxy fight with insurer Argo Group From Express News: San Francisco hedge fund Voce Capital Management has dropped its proxy fight with Argo Group International Holdings, the specialty insurance company that has its U.S headquarters in San Antonio. Voce blamed A

  5. People: Hedge funds raid BNP's shuttered prop desk amid talent race[more]

    From Bloomberg: BNP Paribas SA's closure of its proprietary-trading desk has triggered a hiring frenzy for the world's biggest hedge funds. Citadel has recruited Mathieu Gaveau, who was head of rates at BNP's Opera Trading Capital division until it was shut down in January. Paolo Nicolosi, a se