Man is pleased to announce that Emmanuel Roman will assume the newly created role of Chief Operating
Officer following completion of the acquisition.
EMMANUEL ROMAN TO BECOME CHIEF OPERATING OFFICER OF MAN
Further to this morning’s announcement that Man shareholders have
approved the acquisition of GLG Partners Inc., Man is pleased to announce
that Emmanuel Roman will assume the newly created role of Chief Operating
Officer following completion of the acquisition.
Pierre Lagrange will continue in his role of Senior Managing Director of GLG,
overseeing investment management and running GLG’s flagship European
long short equity strategy among others. Noam Gottesman will remain co-
CEO of GLG with Emmanuel Roman and will run GLG’s global opportunity
strategy. Noam, Pierre and Emmanuel will report to Peter Clarke.
Peter Clarke, Chief Executive of Man, comments: “The combination of Man
and GLG will bring together a wealth of talent with comprehensive investor
solutions and a strong performance focus. Since joining GLG in 2005, after
18 years with Goldman Sachs, Manny Roman has done a fantastic job in
developing its business, alongside Noam and Pierre and the GLG Senior
Advisory Group. I am delighted that Manny has accepted this new broader
role, which will leverage his deep trading, operational and business
management experience, right across the enlarged group."
ENDS
About Emmanuel Roman
Emmanuel Roman received an M.B.A. in Finance and Econometrics from the University
of Chicago in 1987 and a bachelor's degree from the University of Paris in 1985.
Emmanuel joined Goldman Sachs International Limited in 1987 where over the years he
worked in the fixed income, investment banking and capital markets areas and in 1991
he become the co-head of Worldwide Equity Derivatives. In 1996 Emmanuel became a
Managing Director of Goldman Sachs International Limited and in 1998 he was elected to
partnership. In 2001 he was appointed co-head of Worldwide Global Securities Services
and in 2003 he also became co-head of the European Equities Division.
In September 2005, after 18 years at Goldman Sachs International Limited, Emmanuel
joined GLG Partners LP as a co-CEO where he focuses primarily on expanding the
business, marketing, risk management, operations, technology and compliance.
About Man
Man is a leading alternative investment management business. With a broad range of
funds for institutional and private investors globally, it is known for its performance,
innovative product design and investor service. Man’s funds under management at 30
June 2010 were $38.5 billion.
The original business was founded in 1783. Today, Man Group plc is listed on the
London Stock Exchange and is a member of the FTSE 100 Index with a market
capitalisation of around £4 billion.
Man Group is a member of the Dow Jones Sustainability World Index and the
FTSE4Good Index. Man also supports many awards, charities and initiatives around the
world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.mangroupplc.com.
For further information, please contact:
Robert Clow
Senior Communications Officer
Tel: +44 20 7144 3886
robert.clow@mangroupplc.com
Olivia Tomlin
Senior Communications Officer
Tel: +44 20 7144 3226
olivia.tomlin@mangroupplc.com
George Trefgarne
Maitland
Tel: +44 7379 5151
gtrefgarne@maitland.co.uk
This announcement is not intended to, and does not constitute, or form part of, an offer to sell
or an invitation to purchase or subscribe for any securities or a solicitation of any vote or
approval in any jurisdiction. Shareholders of Man and stockholders of GLG are advised to
read carefully the formal documentation in relation to the Acquisition.
The New Man Shares to be issued in connection with the Acquisition to certain holders of
GLG Common Stock may not be offered, sold, or, delivered, directly or indirectly, in, into or
from the United States absent registration under the US Securities Act or an applicable
exemption from registration. On 27 August 2010, Man filed an amended Schedule 13E-3
pursuant to the US Securities Exchange Act of 1934 with the SEC, which incorporates by
reference certain information contained in the amended preliminary GLG Proxy Statement
which was filed with the SEC by GLG on the same day. The amended Schedule 13E-3 and
the amended preliminary GLG Proxy Statement and other documents filed with the SEC are
available free of charge at the SEC's website, www.sec.gov.
The release, publication or distribution of this announcement in jurisdictions other than the
United Kingdom may be restricted by law and therefore any persons who are subject to the
laws of any jurisdiction other than the United Kingdom should inform themselves about, and
observe, any applicable requirements. This announcement has been prepared for the
purposes of complying with English law and the information disclosed may not be the same
as that which would have been disclosed if this announcement had been prepared in
accordance with the laws and regulations of any jurisdiction outside of England.
Terms defined in the circular to Man Shareholders dated 6 August 2010 have the same
meanings when used in this announcement.
