Glg Strives to Keep Its Star Manager On Board

Summary


GLG PARTNERS, Mayfair's largest hedge fund, is in a tug-of-love to keep its star manager Greg Coffey after the Australian super- trader quit the firm.

Coffey is arguably GLG's most important hedge fund manager, responsible for more than a quarter of the firm's $24 billion assets. His Emerging Markets Fund was this year named fund of the year at the EuroHedge awards. Coffey also led GLG's key strategic move into China and India with the acquisition of a stake in a local private-equity firm.

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Glg Strives to Keep Its Star Manager On Board

But the softly-spoken 36-year-old, who li...

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