19 articles found within the last year.
Displaying results 1 - 19
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GLG staff told to expect job cuts
GLG Partners, a UK hedge fund manager with ... The firm, which employed 350 staff at the ... GLG declined to comment. But it told shareholders ... The asset management industry is having to start ... Most hedge fund managers have recorded losses so ... Hedge fund managers' largest single expense is generally...
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GLG plans vote on credit fund wind-down
GLG Partners is to ballot investors on closing ... The New York-listed hedge fund manager, which reports ... Although the fund's value will continue to be ... The London-headquartered firm's credit fund puts money on ... The credit fund, one of GLG's 22 hedge ... GLG last week farewelled prominent trader and hedge...
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GLG Partners wakes up to prospect of life after Coffey
Hedge fund manager GLG Partners is facing up ... The UK hedge fund manager with a US ... He said: “The money went into place on ... The firm warned shareholders in May that investors ... Equity analysts at Credit Suisse estimated, in a ... A revised estimate for the end of September,...
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SEC protects hedge fund GLG from shorting
GLG Partners, the UK hedge fund manager listed ... NYSE-Euronext, the company that runs the New York ... It said: "The SEC has informed us that ... "Companies that were on the original list, or ... GLG, one of the largest hedge fund managers ... Hedge fund managers have complained about the imposition...
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Top UK hedge fund cuts Lehman exposure
GLG Partners, the largest UK hedge fund whose ... The firm with $23bn (€15.9bn) under administration has...
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Coffey leaves GLG with mixed performance
One star trader does not a hedge fund ... Documents shown to Financial News by investors show ... Coffey’s GLG Emerging Equity fund was up 13.4% ... However, the fourth and largest fund Coffey oversees ... Noam Gottesman, GLG’s chief executive, last week revealed ... Gottesman said: “The first half of 2008 went...
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Star hedge fund manager opts for London over Switzerland
Greg Coffey is understood to be staying in ... There had been uncertainty about whether Coffey, who ... Phillipe Jabre, who also left GLG, in 2006, ... Coffey resigned from the $24bn London hedge fund ... Coffey made 68.58% on money he managed at ... News of Coffey staying in London came as...
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GLG looks for green gold
Environmental issues are moving into the mainstream, according ... “Our belief is that the environment will be ... Lagrange – the “L” in GLG – happens ... It is down to analysis of corporate and ... Companies are implementing sustainable strategies at different speeds,...
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Billionaire to join Barclays shareholder register
A Middle Eastern billionaire and two UK hedge ... However, analysts predict that Barclays may need up ... Barclays on Wednesday confirmed plans for the £4.5bn ... A prospectus for the fundraising obtained by Financial ... M1 Capital International Investments, a British Virgin Islands-registered...
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GLG hires consumer head amid departures
UK hedge fund manager GLG Partners, several of ... GLG said Fabrice Bay would join from DWS/Deutsche ... Bay was a managing director at DWS in ... A total of 10 investment or other senior ... Financial News reported at the end of April ... Dubicq was an activist hedge fund manager for...
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GLG Partners taps Merrill portfolio manager for London office
GLG Partners has declared that Warren Touwen is ... Warren will work alongside Simon Savage and Peter ... Warren joins GLG from Merrill Lynch where he ... Warren also designed and implemented Merrill’s first fully...
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GLG gets $3bn asset management mandate from Banca Fideuram
GLG Partners has been awarded a mandate from ... Noam Gottesman, GLG’s co-chief executive, said: "We have ... Italian private bank Banca Fideuram currently manages some...
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Italy shores up GLG in face of post-Coffey slump
UK-based hedge fund manager GLG Partners has won ... The company, which is listed in the US, ... Banca Fideuram, which is part of Intesa Sanpaolo ... Investors will be charged management fees at institutional ... Banca Fideuram has $250m invested in GLG's existing ... The win comes at a testing time for...
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GLG marketing head resigns
GLG Partners is losing another senior employee. ... Soraya Chabarek, head of the company's Middle Eastern ... The Middle East is responsible for a significant ... Chabarek's resignation comes on the heels of the...
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GLG hopes to retain $2bn of Coffey funds
UK hedge fund manager GLG Partners, which yesterday ... The value of Coffey's funds has fallen from ... Noam Gottesman, chairman and co-chief executive of GLG, ... Coffey's resignation came as a surprise to GLG, ... He said the group has received several proposals ... The main emerging markets fund managed by Coffey...
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GLG founder nets $130m
Pierre Lagrange, co-founder of UK-based hedge fund manager ... The proxy statement, filed this week with the ... Lagrange, whose initial forms the "L" of GLG, ... The statement said the most significant portion of ... The proxy statement said Noam Gottesman, co-founder and...
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Executives resign from GLG Partners
GLG Partners, the London-based hedge fund manager, has ... Michael O’Connor, who trades in Asian debt, equity ... Ben Gill, a global macro fund manager at ... O’Connor, Herschel and Gill, along with Coffey, are ... GLG declined to comment on the departures. ... Investors are closely watching the firm after the...
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Star manager Coffey quits GLG
Greg Coffey has quit UK hedge fund manager ... GLG said it had accepted Coffey's resignation, which ... A spokesman for GLG said: "Greg will forfeit ... A source close to the situation said Coffey ... GLG Partners' shares, which trade on the New ... Coffey generated a net investment return of 68.58%...
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Coffey expected to leave GLG
Greg Coffey is expected to leave GLG Partners ... Coffey was made a limited partner of the ... The limited partners collectively took a profit share ... A spokesman for GLG said the firm was ... Coffey generated a net investment return of 68.58% ... The average hedge fund manager investing in emerging...
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