Hedge Funds People moves

GLC rebounds, looks to recruit marketing head

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GLC, the long-running $1 billion multi-strategy model-driven hedge fund firm led by Lawrence Staden and CEO Caroline Hoare, roared back to life in May after a poor start to the year with a strong set of returns across the board.

The firm, which has been in operation since 1992, has established itself as one of the best-regarded and most consistent performers in the stat arb, managed futures and quantitative trading space over many years.

GLC has also expanded its range and is now trading five stand-alone strategies as well as two multi-strategy funds, Diversified and Managed Futures, that