The Blue Mountain CAIS CA Fund was down 1.62% gross for July, bringing the fund’s year-to-date performance to -4.49% gross. For the last 12 months, the fund is down 6.22%. The fund’s net asset value was $2.551 billion at the end of July. Blue Mountain’s offshore holdings had a net asset value of $2.029 billion, while the net asset value of its onshore holdings was $521 million.
Blue Mountain Struggled In July
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.