GLG’s Roman Named Man COO As Shareholders OK Merger

Sep 1 2010 | 12:10pm ET

On the day its acquisition of GLG Partners was approved by shareholders, the Man Group named GLG’s Emmanuel Roman as chief operating officer.

Roman, who will remain co-CEO of GLG, will oversee technology and sales support for the combined company as its first COO. Noam Gottesman will also remain co-CEO of GLG and will run its global opportunity strategy, Man said, while the third GLG partner, Pierre Lagrange, has also agreed to remain with the firm.

“Since joining GLG in 2005, after 18 years with Goldman Sachs, Manny Roman has done a fantastic job in developing its business, alongside Noam and Pierre and the GLG senior advisory group,” Man CEO Peter Clarke said. “I am delighted that Manny has accepted this new broader role, which will leverage his deep trading, operational and business management experience, right across the enlarged group.”

Roman’s appointment follows that of Luke Ellis, also of GLG, as head of Man’s fund of hedge funds unit.

Meanwhile, Man shareholders overwhelmingly voted today to approve the US$1.6 billion tie-up, with 91.3% of shares voted in favor of the acquisition. GLG shareholders will vote on the deal in October.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…