(NEW YORK)Lehman Brothers Holdings Inc. on Monday agreed to sell its investment management business to a pair of private-equity firms, fetching $2.15 billion as the bankrupt investment bank ...READ MORE
(NEW YORK)Asset management firm GLG Partners Inc. said on Tuesday that it has transferred nearly all of its counterparty risk exposure away from Lehman Brothers Holdings Inc.READ MORE
(NEW YORK)Asset manager GLG Partners Inc. said Monday it named Driss Ben-Brahim to develop a platform for its emerging markets special situations business. Ben-Brahim will develop a platform...READ MORE
(NEW YORK)London-based hedge fund GLG Partners Inc. on Monday said chief financial officer Simon White will become chief operating officer, effective Tuesday. Jeffrey Rojek will be the new c...READ MORE
Among the stock activity stories for Friday, Feb. 8, from AP Financial News: NEW YORK (AP) _ Shares of Amazon.com Inc. rose Friday after the online retailer authorized a plan to bu...READ MORE
(NEW YORK)Shares of asset management firm GLG Partners Inc. slipped Friday after Citi Investment Research initiated coverage of the company, saying relative outperformance of its funds have ...READ MORE
(NEW YORK)GLG Partners Inc. posted a hefty loss for the fourth quarter Wednesday as the investors who bought the hedge fund manager granted themselves the company's stock as compensation.READ MORE