British hedge fund firm Man Group is to acquire rival GLG Partners in a deal worth GBP1.1bn (USD1.6bn). Following the conclusion of the acquisition, which has been structured as a merger and will see GLG’s ordinary shareholders receive USD4.55 per
Mohican Financial Management LLC, based in Cooperstown, New York and Wilton, Connecticut, was established by two brothers, Eric and Dan Hage in October 2002. Between them, the brothers have over 35 years of experience trading convertible securities. The Mohican VCA
Hedge fund management group SilverStreet Capital has appointed Edwin Doeg, who previously worked for Gartmore Investment Management for 17 years between 1984 and 2002, as a director.
US hedge fund equity commission revenue is expected to grow by nine per cent in 2010, rising to USD4 billion, according to the latest estimates released by TABB Group. According to Matt Simon (pictured), research analyst and author of TABB’s
Man Group has reported a statutory profit before tax (PBT) on continuing operations for the six months ended 30 September 2011 of USD154 million compared to the pre-close estimate of USD145 million. The group’s adjusted PBT was USD195 million compared
South Africa’s hedge fund industry is about to move from a system largely characterised by self-regulation to one in which managers will be under greater supervision from the country’s regulator, t
Markets have seemingly turned back the clock over the last month, with a return to volatility not seen since the global financial crisis, a report by Australian Fund Monitors says. Once again there was movement across a range of asset
Agecroft Partners specialises in consulting and third-party marketing for the alternative investment industry, with a particular focus on hedge funds. The firm raises assets globally for institutional-quality managers by utilising a consultative approach within the institutional investor community. Its
Schroders has launched a second fund on its Global Alternative Investor Access platform, a regulated platform for Ucits funds designed to give investors easier access to hedge funds. The new fund, Schroder GAIA Sloane Robinson Emerging Markets, will launch on
Highland Funds, managed by Highland Capital Management, has appointed Cummings Bay Capital Management as the sub-adviser to the firm’s Healthcare Fund. Highland has changed the fund’s name to the Highland Long/Short Healthcare Fund in connection with changes to the fund’s
