Man acquires Numeric in latest deal

Man Group has acquired Numeric Holdings, a Boston-based quantitative equity manager with $14.7 billion in Assets under Management (AuM), just weeks after it purchased Pine Grove, a $1 billion credit-focused fund of hedge funds.

Posted on: 19 Jun, 2014
Posted in: People Moves

Fitch Ratings predicts more selective M&A deals at asset managers

There is likely to be an increase in small, selective M&A (merger & acquisition) deals at European asset managers as these firms seek to diversify their product lines and expand their distribution capabilities, according to Fitch Ratings.

Posted on: 11 Jun, 2014
Posted in: People Moves

FRM warns on impact of regulation on hedge fund financing

Any regulation of the shadow banking market must be careful not to dramatically alter the cost of hedge fund financing, it has been warned.

Posted on: 08 Jan, 2014
Posted in: Regulation

Struggling ex-prop traders turned hedge funds could re-emerge, says FRM

Prop-desk spin-outs which struggled to raise meaningful assets or have since shuttered could re-emerge once those managers gain more experience of hedge funds, according to Patric de Gentile Williams, head of seeding at FRM, Man Group’s recently a

Posted on: 20 Jun, 2013
Posted in: Investors

Principal Global Investors takes majority stake in Liongate Capital Management

Principal Global Investors, the investment arm at Principal Financial Group, has acquired a 55% stake in Liongate Capital Management, the $2.1 billion fund of funds.

Posted on: 04 Mar, 2013
Posted in: Investors

Review of 2012: Part three

Here is the third instalment of our four part series reviewing 2012.

Private placements and passport plus other EU rules

Posted on: 19 Dec, 2012
Posted in: Investors

Permal acquires Fauchier as M&A activity continues

Permal is to acquire Fauchier Partners from BNP Paribas Investment Partners as M&A activity in the funds of funds space continues.

Posted on: 13 Dec, 2012
Posted in: People Moves

Manny Roman appointed CEO at Man

Peter Clarke, CEO at Man Group, is to retire paving the way for Manny Roman, president and COO, to take over at the helms in what has been a tumultuous two years for the world’s largest publicly listed hedge fund.

Posted on: 10 Dec, 2012
Posted in: People Moves

Man-FRM integration going smoothly, says COO

Integrating FRM into Man Group has been a “smoother than expected process” with the combined entity now benefiting from greater internal resources and enhanced distribution channels, FRM’s COO has said.

Posted on: 04 Sep, 2012
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