Man Group plc launches multi-strategy hedge fund

June 23rd, 2011
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Man Group plc, which acquired GLG Partners last year, has announced the launch of its latest hedge fund offering. According to a press release, the Man GLG Multi-Strategy hedge fund is the first combined effort by Man Group and the newly acquired GLG Partners. The hedge fund will incorporate both GLG and AHL (Man Group’s flagship hedge fund) strategies while also utilizing Man Group’s Man Systematic Strategies, Man Convertibles, and Ore Hill Strategies.

Luke Ellis, chief investment officer of Man’s Multi-Manager division, will head the Man GLG Multi-Strategy hedge fund team. Luke Ellis commented, “This multi-strategy UCITS fund incorporates the best investment talent from both GLG and AHL teams, with a fund structure that so many investors in Europe and beyond are looking for. We’re encouraged by initial fundraising and are looking forward to driving returns for our clients through this new innovation.”
For Detailed Investor Profiles on these Investors, click below:
GLG Partners
Man Group plc
Related People: Emmanuel Roman; Jason Mackay; John Rowsell; John White; Noam Gottesman; Peter Clarke; Pierre Lagrange; Tim Wong
Related Entities: AHL; BlueCrest Capital Management; GLG Alpha Select Fund; GLG Partners Inc; GLG UK Growth; GLG UK Income; GLG UK Select; Man Global Strategies; Man Investments
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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