BlueMountain recruits Weber as portfolio company management head


BlueMountain Capital Management has appointed Jon Weber as head of portfolio company management. Previously, Weber worked at Anchorage Capital Group, Goldman Sachs Special Situations Group and Icahn Enterprises.

PRESS RELEASE

NEW YORK, January 31, 2017 – BlueMountain Capital Management, LLC (“BlueMountain”), a private absolute return investment firm with over $21.5 billion in assets under management, today announced the hiring of Jon Weber as Head of Portfolio Company Management to lead the firm’s portfolio company operations.

Mr. Weber will work closely with and advise the management and boards of BlueMountain portfolio companies and will be responsible for leading the operational oversight, governance and value enhancement of those investments. He will work closely with portfolio managers engaged in BlueMountain’s private capital & opportunistic investments effort. Mr. Weber will report to BlueMountain CEO & Co-CIO Andrew Feldstein and Co-CIO Derek Smith.

“Jon brings to BlueMountain a wealth of experience leading the operational oversight and corporate governance efforts of companies across a number of industries,” said Mr. Feldstein. “His expertise in improving the operational efficiency, financial performance and governance of public and private companies will further enhance our ability to deliver returns and value to our investors.”

“I am incredibly excited to join a firm I’ve always held in high esteem. BlueMountain is an innovative and talent-rich organization with a great portfolio of operating company investments,” said Mr. Weber. “It’s an exciting time for this strategy, and I look forward to collaborating with our investment team and the leadership at our portfolio companies to identify opportunities for growth.”

Prior to joining BlueMountain, Mr. Weber headed similar efforts at Anchorage Capital Group, Goldman Sachs Special Situations Group, and Icahn Enterprises. Over the past 15 years, he has served as a board chair, member, senior executive, or board level advisor for dozens of companies in a broad range of industries. Previously, he was an investment banker at JPMorgan Chase & Co. and Morgan Stanley.

Earlier in his career, he also worked as an attorney for Weil, Gotshal & Manges. He is a Life Member of the Council on Foreign Relations and a board member of Chai Lifeline, an organization dedicated to meeting the needs of seriously ill children. Jon earned a J.D., cum laude, from Harvard Law School, and a B.S. and M.B.A., magna cum laude, from Babson College.

About BlueMountain Capital Management, LLC
BlueMountain Capital Management, LLC (“BlueMountain”) is a leading absolute return manager managing $21.5 billion of assets. BlueMountain’s large and diverse team of professionals in New York and London are supported by the firm’s institutionalized and proprietary infrastructure, including specialized operations and risk management technology.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.