GLG Welcomes PIMCO Vet, Says Goodbye To Ben-Brahim

Sep 7 2012 | 10:54am ET

The Man Group has hired a former top Pacific Investment Management Co. executive to launch a line of bond funds at its GLG Partners unit, as it bids farewell to another bond fund manager.

Sudi Mariappa spent a decade at PIMCO, leaving in 2010—the same year Man bought GLG. He was global head of portfolio management at the world's largest bond fund.

"We look forward to building our business in an asset class which has many attractions for investors in today's volatile market environment," Emmanuel Roman, a GLG co-founder and Man's chief operating officer, said.

Passing Mariappa on the way out of GLG is Driss Ben-Brahim, the former Goldman Sachs partner who joined GLG four years ago, in part to fill the void left by Greg Coffey. Ben-Brahim, who co-manages GLG's Atlas Macro sovereign-bond fund, will take early retirement and will leave the industry, Man said.

Ben-Brahim is one of the highest-paid hedge fund managers in London.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of