GLG Snags Former Merrill Lynch Director

May 23 2008 | 7:15am ET

Warren Touwen, a former director at Merrill Lynch, is joining GLG Partners' London office as a portfolio manager in July 2008. Touwen will work alongside Simon Savage and Peter Harnett, portfolio managers of the GLG Esprit Fund.

As a director and portfolio manager at Merrill Lynch, Touwen was responsible for creating, implementing and running multiple market neutral portfolios in Europe, North America, Asia Pacific and Japan.

“Warren is highly experienced in designing and managing alpha capture systems and has an impressive track record in implementing profitable automated trading systems across a range of markets, including the emerging markets,” said Pierre Lagrange, founder.

“We look forward to the contribution he will make to GLG's ongoing proprietary research and development efforts as we expand our alpha capture offering to the US and emerging markets.”

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