Tuesday, 5 May 2015
Last updated 8 hours ago
Sep 7 2012 | 6:48am ET
GLG, the Man Group’s investment manager division, has hired PIMCO vet Sudi Mariappa to manage its absolute return fixed-income offering.
Mariappa spent 10 years at the Pacific Investment Management Co., the California-based mutual fund giant, joining in 2000 and becoming managing director in 2003. He ran the international bond team until 2008, during which period assets in global fixed-income portfolios increased from $10 billion to $85 billion. During his final year with the company, he served as a senior advisor, working closely with founder Bill Gross.
“We are delighted to be hiring a professional of Sudi’s caliber,” said Manny Roman, CEO of GLG and COO of Man, in a statement. “We look forward to building our business in an asset class which has many attractions for investors in today’s volatile market environment.”
Man, a leading alternative investment management business, had AUM of $52.7 billion as of June 2012.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…