BlueMountain Capital Management (BlueMountain), a diversified alternative asset manager, has appointed Claudio Macchetto as Head of Platform Distribution, a newly created position at the firm, effective 10 July.
In the role, Macchetto will be responsible for the marketing of BlueMountain’s diversified alternative investment strategies to wealth management channels and private banking platforms, as well as the management of retail distribution relationships globally.
“We are pleased to welcome Claudio to BlueMountain,” says Stephen Siderow, BlueMountain’s Co-President and Co-Founder. “He brings a tremendous amount of knowledge and experience working with top wealth managers and private banks. He will be instrumental in making our strategies available to a broader group of ultra-high net worth individuals.”
Macchetto joins BlueMountain with over 22 years of financial services experience. Previously, he was the Head of Global Platforms at Paulson & Co for over a decade, where he was responsible for all marketing and investor relations for the firm’s hedge funds through high net worth platforms. Prior to that, Mr. Macchetto served in a series of management roles at Citigroup, including positions as CFO and Director in the Fund of Hedge Funds group at Citigroup Alternative Investments (CAI). During that time, he led the development of CAI’s third party single manager platform, Hedge Forum.
Before joining Citigroup, Macchetto was First Vice President at Salomon Smith Barney, a Senior Associate in Booz Allen & Hamilton’s financial and health service group, and a global analyst at Institutional Shareholder Services. He received an MBA in finance and strategic management from the Wharton School at the University of Pennsylvania and a BA from Georgetown University.
“BlueMountain has a sterling reputation within the financial community as a disciplined investment manager that provides unparalleled service to its investors,” says Macchetto. “I look forward to working with the team as we expand the firm’s client base to include more private banks, wealth managers, and advisors who are keen to offer high quality asset managers on their platforms.”
