GLG Partners

Read About Hedge Funds

Key Facts

Founded1995
TickerGLG
Websitehttps://www.man.com
HeadquartersNew York
Other OfficesLondon
Employees117
AUM$20.8 billion
AUM as ofSeptember 29, 2017
StrategiesMulti Strategy
Clients60

Overview

GLG Partners is a hedge fund based in New York with offices in London. It was founded in 1995 by Noam Gottesman, Pierre LaGrange and Jonathan Green. They hold $20.8 billion in assets under management as of September 29, 2017. Read their Plain English Brochure. Lehman owns 15.3% of the firm after the spin off http://www.bloomberg.com/apps/news?pid=20601087&sid=aStPTvZ7Eef8

In December of 2009, Sir John Gieve, former deputy governor of the Bank of England, was named a senior advisor.http://www.finalternatives.com/node/9870

John White and Jason Mackay run the UK Equity funds which are: GLG Alpha Select, GLG UK Select, GLG UK Growth and GLG UK Income.

Tenth largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, down from 11 in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Sub Funds and Performance

NameAUM (bn) Type Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Glg Cross Asset Value Master Fund Ltd. 0.239 hedge fund 1,000,000 15 17.0 16.0 Deutsche Bank Securities Inc., JP Morgan
Glg Emerging Markets Growth Fund 0.118 hedge fund 100,000 339 8.0 12.0
Glg European Distressed Master Fund Ltd 0.042 hedge fund 100,000 5 1.0 2.0 Credit Suisse Securities (Europe) Limited, J.P. Morgan Securities Ltd
Glg European Long-Short Master Fund Ltd 0.116 hedge fund 5,000,000 15 Credit Suisse, Goldman Sachs & Co. LLC, Morgan Stanley
Man Glg International Equity Master 0.041 hedge fund 1,000,000 2 100.0 55.0
Man Glg Value Opportunity Master 0.162 hedge fund 100,000 16 45.0 25.0 Goldman, Morgan Stanley & Co. International Plc, Ubs Ag London Branch

Historical Performance

Down 2% in January 2008http://online.wsj.com/article/SB120234723696449299.html

GLG Market Neutral Fund Class Z up 2.79% in February 2007http://www.hedgefundintelligence.com/ar/Article.aspx?PositionID=22836

2006 Returns
Market Neutral: 25.6%
European Long/Short: 17.1%
Emerging Markets: 59.9%http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

Key People

NameTitlePositionOwnership
Michelle GrewGeneral Counsel Owner or OfficerNone
Theunis JohnstonChief Executive Officer Owner or OfficerNone
Katherine SquireChief Compliance Officer Owner or OfficerNone
Carol WardChief Operating Officer Owner or OfficerNone

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