Gile lured out of retirement to advise Blue Mountain on several initiatives. Former Deutsche Bank executive Betsy Gile has come out of retirement to join hedge-fund manager BlueMountain Capital Management. A managing director, she'll advise the firm on client and investor relations, professional development and talent acquisition.

Hungry talent

Gile retired as a managing director at Deutsche in 2005. She is still a member of the board of Deutsche Bank Trust Corporation and Deutsche Bank Trust Company Americas.

"We've made being a professional and institutional organization a top priority at the firm, and Betsy will help us continue to build an enduring franchise," says Stephen Siderow, president of New York-based BlueMountain. "Betsy's deep experience in credit research, credit portfolio management and business management, as well as her broad industry relationships, will provide great value to the firm as a whole and its leadership group in particular."

Giles says her role with BlueMountain gives her a chance "to focus on the things I enjoy most: working with investors and clients, recruiting young, hungry talent, and helping to add to the firm's success as it grows."

BlueMountain has around $4 billion in client funds under management in its hedge funds and also is the manager of three collateralized-loan-obligation vehicles with combined assets of $1.4 billion. -FWR

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