GLG LLC operates as an investment management firm providing advisory and sub-advisory services primarily to institutional managed accounts, pooled investment vehicles, private funds, mutual funds, exchange-traded funds, and collateralized loan obligations. GLG LLC acts as part of Man Group plc's discretionary investment management business. The firm employs a wide range of investment strategies, including fundamental equity research, long-short equity, quantitative trading, credit and distressed debt investing, arbitrage, and derivatives trading. GLG LLC tailors its portfolio management to the specific investment objectives and guidelines set forth in each fund's governing documents or client agreements. The firm serves institutional and private investors globally who meet qualified purchaser requirements.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.50% |
Management fees generally range from 0.5% to 1.75% per year and are negotiated on a case-by-case basis. Funds may also charge performance fees up to 20% of net profits.