{"id":45383,"date":"2014-12-09T08:04:17","date_gmt":"2014-12-09T13:04:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45383"},"modified":"2014-12-09T08:29:06","modified_gmt":"2014-12-09T13:29:06","slug":"man-group-acquires-merrill-lynchs-fund-of-hedge-fund-portfolio","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2014\/man-group-acquires-merrill-lynchs-fund-of-hedge-fund-portfolio.html","title":{"rendered":"Man Group Acquires Merrill Lynch&#8217;s Fund of Hedge Fund Portfolio"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/12\/images.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-45387\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/12\/images.jpg\" alt=\"images\" width=\"231\" height=\"218\" \/><\/a>New York (HedgeCo.Net) &#8211; Man Group announced today the acquisition of Merrill Lynch Alternative Investments LLC\u2019s fund of hedge funds portfolio.<\/p>\n<p>The portfolio includes 17 multi-strategy and strategy-focused fund of hedge funds with a total of $1.2 billion in AUM.<\/p>\n<p>Man Group\u2019s fund of hedge fund arm, FRM, has been selected to manage the portfolio following a due diligence process which assessed its investment expertise, quality of personnel, investment process and ability to service clients.<\/p>\n<p>Following the completion of the Acquisition, Man Group intends to offer the funds to other investors globally as well as Merrill Lynch\u2019s and US Trust\u2019s wealth management clients.<\/p>\n<p>The Acquisition of the Portfolio follows Man Group\u2019s recent Acquisition of Pine Grove Asset Management LLC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Man Group announced today the acquisition of Merrill Lynch Alternative Investments LLC\u2019s fund of hedge funds portfolio. The portfolio includes 17 multi-strategy and strategy-focused fund of hedge funds with a total of $1.2 billion in AUM. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-45383","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=45383"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45383\/revisions"}],"predecessor-version":[{"id":45394,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45383\/revisions\/45394"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}