Home >> News >> Archive >> Man and GLG complete acquisition to create $63 billion manager

Man and GLG complete acquisition to create $63 billion manager

October 14, 2010  

Read more:




Man Group and GLG Partners have announced that the recommended $1.6 billion acquisition of GLG by Man has been completed, following the approval of the transaction by GLG shareholders earlier this week.

The two firms said the deal will create a multi-style, performance-focused alternative asset manager with funds of around $63 billion under management – with GLG now becoming a wholly-owned subsidiary of Man. 
 
“The acquisition of...

TAKE A FREE TRIAL

The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please, take a free trial, subscribe or log in to EuroHedge.

Subscribe

Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now



  1. Market wizards or masters of mirage? Noted authors Schwager, Lack and Drobny to discuss at Symposium
  2. Michael Geismar’s $710,000 blackjack breakfast
  3. Ackman, Chanos win big on 2011 Ira Sohn picks; Singh, May and others lose
  4. To use a fund of funds, or go direct? That is the question for institutions
  5. Don't be surprised when helicopter Ben flies away

Popular Searches on HFI