Man Group has obtained full ownership of Ore Hill Partners, a credit-focused, event-driven hedge fund based in New York. Man had already held a 50 percent stake in the firm after a 2008 agreement. The deal is expected to close by the end of the second quarter.
Man is using the investment to build out its event-driven strategies on its GLG platform, Man's discretionary investment management platform.
While Ore Hill, which has about $800 million under management, will remain as an investment advis
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails