E D&F Man Group, the alternative investment product provider, is set to buy Glenwood Capital Investments, Glenwood Global Management and the remaining 40% stake in Man-Glenwood.

Chicago-based Glenwood is a hedge fund of funds adviser and has $570m in funds under management within three funds. In addition, it manages $850m for Man-Glenwood that is distributed through E D&F Man Group. The Man-Glenwood partnership started in 1995.

E D&F Man acquires hedge fund of funds group

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