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Manny Roman and Luke Ellis Take a Transatlantic Leap
The heads of Man Group see their acquistions of Pine Grove and Numeric Holdings as a play to raise more capital in “the Americas.”
Luke Ellis With two new acquisitions, London-based Man Group, the global hedge fund firm, is hoping to jump-start its business in the U.S., particularly in its fund-of-funds unit, which has shed billions in assets since 2012. Man completed its acquisition of the $1 billion fund of funds Pine Grove Asset Management, a Summit,
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