GLG Partners is to acquire the Societe Generale Asset Management UK, with the transaction expected to close in the second half of Q1 2009.
The alternative asset manager will buy the long-only asset management business for cash. As of September 30, 2008, GLG managed net assets under management of over $17bn (£11.3bn) and the SGAM UK ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
