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Over and Out

Greg Coffey, perhaps GLG Partners’ single most valuable asset, is leaving the firm to start his own company.

GLG Partners must be having some serious second thoughts these days about having gone public last summer. Its stock was trading at about $8 in mid-May, down 45 percent from its near-opening high of $14.97. The London-based firm, which has about $25 billion in assets under management, reported a $236.3 million

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