Three of the largest shareholders in GLG Partners stand to make tens of millions of dollars each by selling the company to rival hedge find Man Group – but this will not reimburse their original investments when the company listed in 2007.
US fund manager Fidelity Investments, hedge fund Lansdowne Partners, and the remaining estate of Lehman Brothers, GLG's former parent, stood to make $20m (€16.1m), $32m and $53m respectively, according to company filings to Bloomberg.
