- GLG Partners
GLG Partners Inc. is a publicly owned
hedge fund sponsor.It manages separate equity and fixed income portfolios and investment funds. GLG Partners was founded in
September 1995 by a group of formerGoldman Sachs private-client executives. The name represents the first letter of the last name of the three founding partners -Noam Gottesman ,Pierre Lagrange and Jonathan Green. The founding partners were originally backed byLehman Brothers . [http://finance.yahoo.com/q/pr?s=GLG] [http://en.wikipedia.org/w/index.php?title=GLG_Partners&action=edit&redlink=1]It has offices in
Mayfair ,London andPark Avenue ,New York .As of
September 2008 , it has $23 billion of assets under management.It was listed on the
NYSE inNovember 2007 . Lehman has an 11 percent stake in GLG.One of its famous traders is
Philippe Jabre . Another renowned trader,Greg Coffey , is expected to depart the fund inNovember 2008 References
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