Wednesday, 26 October 2016
Last updated 12 hours ago
Jan 25 2008 | 1:00am ET
GLG Partner’s U.S. subsidiary has registered as an investment adviser with the Securities and Exchange Commission, it said yesterday.
“The SEC registration marks a key step in our pursuit of the U.S. alternative asset management market,” said Noam Gottesman, Chairman and Co-CEO of GLG, of the registration of GLG Inc.
London-based GLG is one of the largest hedge fund managers in Europe, with some US$20 billion in assets under management. GLG went public via a US$3.4 billion reverse merger last year, and its shares now trade on the New York Stock Exchange.