Monday, 27 April 2015
Last updated 35 min ago
Jun 1 2009 | 9:37am ET
The head of Société Générale Asset Management’s British retail business has chosen to remain with the company, following its acquisition by hedge fund GLG Partners.
Richard Phillips will serve in a similar capacity at London-based, New York-listed GLG, which is seeking to expand its retail footprint. He will work alongside Andrew Thatcher, who has been with GLG since 2006.
In addition to his new role, Thatcher will also remain in charge of GLG’s U.K. hedge fund distribution team.
Phillips and Thatcher plan to expand GLG’s retail fund offerings using several of the firm’s existing—and top-performing—hedge funds, including its U.K. Alpha Select and U.K. Select Equity funds.
GLG completed its purchase of SGAM, Société Générale’s British money management business, in April. SGAM manages some US$8.5 billion; GLG runs more than US$15 billion.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…