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Man Seeds New GLG Asia Hedge Fund

Fri, 12 Oct 2012 11:57:22 GMT

GLG Partners has launched a new long/short Asian stock fund with US$150 million in seed capital from its parent.

Man has provided the initial money to GLG's new Asia team, led by David Mercurio. The Hong Kong-based fund is GLG's first Asia-focused fund and Man's first discretionary Asian equity fund.

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