GLG Partners, the $22 billion London-based and New
York-listed asset manager, is hitting the new fund launch trail
again amid growing signs of a revival in its underlying
business and in the hedge fund industry at large.
The firm's recently released results for 2009 showed strong
performance across its stable of alternative and traditional
strategies and a steep bounce in the firm's assets under
management as a result of the good performance and a return of
net investor inflows.
Having suffered like most of the industry in the downturn of
2008, GLG - led by Noam Gottesman, Pierre Lagrange and Manny
Roman - had a strong year of recovery across the board in
The firm's $10.4 billion...