New York-based hedge fund BlueMountain Capital Management has appointed Morgan Alcalay, Evan Boulukos, Phil Hermann, and Andrew Seiz as portfolio managers to manage relative value global government, municipal bonds, US agency mortgage-backed securities, and emerging markets strategies, respectively. They will report to Colin Teichholtz, head of Global Governments & Agency Mortgages.
Alcalay joins as portfolio manager of Interest Rates and will focus on relative value investment opportunities in developed nation government debt. Before joining BlueMountain, he traded US Treasurys and STRIPS at Goldman Sachs and Barclays, respectively, focusing on relative value opportunities. He began his career as an information warfare officer in the US Navy.
Boulukos joins as portfolio manager of Municipal Bonds. Prior to joining BlueMountain, he was a managing director in the municipal securities division at Citigroup, where he managed a proprietary municipal bond portfolio. Before Citigroup, he was an institutional municipal flow trader at Lehman Brothers.
Hermann joins as portfolio manager of Agency MBS. Previously, he traded agency MBS at Pine River Capital. Before that, he set up MBS sales and trading teams at MF Global and Braver Stern Securities and was a senior salesperson at UBS Securities and Nomura Securities.
Seiz joins as portfolio manager for Emerging Market Debt, including sovereign, quasi-sovereign, bank, and corporate debt. Previously, he was a portfolio manager at Pine River Capital, focused on emerging markets fixed income. Prior to Pine River, Seiz was a managing director and portfolio manager at Nomura International, and was a senior research analyst at Merrill Lynch and Goldman Sachs.