GLG Lehman exposure taken by Man Group

(ChinaPost.com.tw) – Hedge fund firm Man Group is to buy exposure to the estates of defunct U.S. bank Lehman Brothers from funds run by its GLG unit for US$355 million, in an effort to clean up the funds’ holdings and make them easier to sell to new investors.

Leave a Reply

Your email address will not be published. Required fields are marked *