Thursday, 24th July 2008

 

GLG marketing head resigns

GLG Partners is losing another senior employee.

Soraya Chabarek, head of the company's Middle Eastern marketing, resigned a few days ago, according to people familiar with the matter.

The Middle East is responsible for a significant portion of the firm's fund inflows and is an area GLG is targeting for growth.

Chabarek's resignation comes on the heels of the resignation of key trader Greg Coffey who resigned last month.

By Cassell Bryan-Low Cassell.Bryan-Low@wsj.com

Tags: Asset Management , GLG Partners , Hedge Funds

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