GLG, the discretionary investment management division of Man Group plc (“Man”), has appointed Peter J. Grondin as a Senior Research Analyst.  Peter will join the North American Equities team, reporting to John Gisondi.  He will focus on industry sectors including industrials, transportation and materials.

Peter joins GLG from Millennium Management, where he managed a market neutral, long/short industrial portfolio.  Peter has more than fourteen years’ experience in investment management, having previously held positions at alternative asset managers including Surveyor Capital, a subsidiary of Citadel, and O.S.S Capital Management.

John Gisondi, Head of North American Equities said:

“Peter represents the type of deep investment experience we look to bring to our clients, and we are delighted to welcome him to our team.  He will add to our North American equity research capabilities which are central to our strategy.”

The GLG North American Equities team is headed by John Gisondi, who joined GLG in 2000, and has approximately $1.8 billion in client assets across long-only and alternative equity strategies.