Wednesday, 7 October 2015
Last updated 20 hours ago
Mar 7 2008 | 10:44am ET
Flush with cash after going public late last year, GLG Partners may be in the acquisitions market.
The Financial Times reports that the London-based hedge fund is in prelimary talks with rival Tisbury Capital Management over a potential takeover.
Tisbury manages about US$2.2 billion, and could cost GLG about US$200 billion.
GLG, which listed on the New York Stock Exchange via a reverse merger in October, manages some US$30 billion.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…