GLGer Who Withdrew Resignation May Still Quit

Apr 16 2008 | 2:05am ET

Greg Coffey, the GLG Partners hedge fund manager who resigned on Monday only to un-resign yesterday, may yet leave the firm.

Coffey, who runs five funds with US$7 billion in assets at the London hedge fund shop, plans to start his own hedge fund, Bloomberg News reports. The Australian joined GLG five years ago.

According to a filing with the U.S. Securities and Exchange Commission, GLG and Coffey are “in discussions concerning a range of options for the future” in the wake of his decision to withdraw his resignation.

RELATED STORIES

GLG Accounting Change Wipes Out ’06, ’07 Profits


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