Hedge Funds

Man Group acquires $1.7bn real estate manager, launches private markets unit

New CEO Luke Ellis has wasted little time in honouring a pledge to keep doing deals at the UK-listed hedge fund manager

Man Group CEO told FN in July he would keep doing deals after succeeding Manny Roman
Man Group CEO told FN in July he would keep doing deals after succeeding Manny Roman

Man Group's new chief executive has wasted little time in honouring a pledge to keep doing deals at the UK-listed hedge fund manager.

Man Group has acquired Aalto Invest, a $1.7 billion real estate manager based in Mayfair. The acquisition is expected to complete in January 2017.

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