Monday, 28 July 2014
Last updated 1 hour 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…