Clarke To Head Man Group

Sep 8 2006 | 12:00am ET

The world’s largest hedge fund manager, Man Group, has announced that finance director Peter Clarke will replace Stanley Fink as CEO next year. Fink, who plans to spend more time pursuing his work at charitable organizations, will become non-executive deputy chairman.

Clarke has worked at Man for the past 13 years, and has been finance director for the last six.

Fink took over as CEO in 2000. Under his leadership, the London-based firm saw its AUM grow to $54 billion from $4.7 billion.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…