[2] The firm is also a founding member of the Hedge Fund Standards Board and a signatory of the Principles for Responsible investment.
[1]: 14 GLG was founded in 1995 by Noam Gottesman, Pierre Lagrange and Jonathan Green, as a unit of Lehman Brothers.
At the time of the merger, GLG Partners Inc was valued at £3.3 billion, the then-largest alternative investment manager in Europe.
The Telegraph noted that the NewSmith acquisition would extend Man GLG's presence in the Japanese market.
[10][11][12] In December 2013, Man GLG settled charges brought by the SEC after a failure of the firm's internal controls caused it to overvalue its stake in a coal mining company.