If the hallmark of a successful hedge fund manager is to be at once a skilled investor, a talented entrepreneur and an exceptionally driven individual, then Pierre Lagrange would seem to have what it takes on all three counts.
Pierre Lagrange
Together with his partner Noam Gottesman, Lagrange has built GLG over the past 15 years into one of the best-respected and most innovative investment houses in the alternative and long-only space - while personally overseeing the growth and management of the firm's flagship equity strategies.
Equities account for roughly 50% of GLG's $22 billion of net assets under management - comprising 82% of the firm's $11.8 billion in long-only funds, as at the end of 2009, and 29% of its $10.4 billion in alternative strategies.
The equities business is split across a wide and growing range of alternative, long-only, 130/30, UCITS and other strategies - having been substantially boosted by...