Man GLG, previously known as GLG Partners, stands as a discretionary investment manager and a wholly owned subsidiary of the British alternative investment manager, Man Group plc. It operates as a diversified and multi-strategy fund manager, overseeing strategies encompassing equity long-short funds, convertible arbitrage funds, emerging market funds, and long-only mutual funds.
Noam Gottesman, alongside his cofounders, established the hedge fund GLG Partners in 1995, initially operating as a subsidiary of Lehman Brothers. After going public in 2007, GLG was acquired by Man Group for $1.6 billion in 2010, leading to Gottesman's resignation as CEO. Subsequently, he ventured into the restaurant industry, investing in prominent establishments like Eleven Madison Park in New York City. Additionally, Gottesman holds the CEO position at TOMS Capital.
In their most recent 13F filing for Q1 2024, Man GLG disclosed a managed portfolio of 13F securities valued at $39,663,239,353, with a top 10 holdings concentration of 15.03%. Notably, their largest holding is Microsoft Corp., with 2,538,670 shares held.