GLG, the $19 billion New York-listed and London-based
alternative asset manager, has rolled out a dedicated European
distressed fund 15 months after hiring portfolio manager Galia
Velimukhametova from King Street Capital.
The GLG European Distressed Fund started as a standalone
fund in September, having previously been traded as a portfolio
within the GLG Market Neutral fund - generating a gross return
of 79% from July 2008 to the end of August this year.
Velimukhametova has 15 years of experience managing European
distressed debt and credit portfolios....