NEW YORK, Jan. 24 /PRNewswire-FirstCall/ -- GLG Partners, Inc. (NYSE:GLG), a leading alternative asset manager, today announced registration by its U.S. subsidiary, GLG Inc., with the SEC as an investment advisor. "The SEC registration marks a key step in our pursuit of the U.S. alternative asset management market," said Noam Gottesman, Chairman and Co-CEO of GLG.
About GLG GLG, the largest independent alternative asset manager in Europe and one of the largest in the world, offers its base of long-standing prestigious clients a diverse range of investment products and account management services. GLG's focus is on preserving client's capital and achieving consistent, superior absolute returns with low volatility and low correlations to both the equity and fixed income markets. Since its inception in 1995, GLG has built on the roots of its founders in the private wealth management industry to develop into one of the world's largest and most recognized alternative investment managers, while maintaining its tradition of client-focused product development and customer service. As of September 30, 2007, GLG managed gross AUM of over $20 billion.
Investors/analysts: GLG: Simon White
Chief Financial Officer
+44 (0)20 7016 7000
Michael Hodes
Acting Director of Investor Relations
+1 212 224 7223
Media: Finsbury: Rupert Younger/Amanda Lee
+44 (0)20 7251 3801
Andy Merrill
+ 1 212 303 7600
DATASOURCE: GLG Partners, Inc.
CONTACT: Investors/analysts: Simon White, Chief Financial Officer, +44-20-7016-7000, or Michael Hodes, Acting Director of Investor Relations, +1-212-224-7223, , both of GLG; Media: Rupert Younger, , or Amanda Lee, , +44-20-7251-3801, or Andy Merrill, +1-212-303-7600, , all of Finsbury for GLG
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