GLG Partners Snapshot
For private investors looking for a place to put their money, GLG Partners may be able to offer an alternative. GLG is one of the three primary investment management platforms of UK-based global hedge fund Man Group. It manages a portfolio of about 70 funds that contain a mix of alternative funds (such as hedge, mixed-asset long-short, arbitrage, convertible bond) and long-only funds (non-hedged), and serves both wealthy individuals and institutional clients. The company has some $23 billion in assets under management. Founded in 1995, GLG was acquired by Man Group in October 2010 to become a combined hedge fund giant with more than $60 billion in assets under management.
