Luke Ellis

Pine Grove Asset Management Bought by Man Group

June 9, 2014 Marcus Black In the News

Pine Grove Asset Management, a New Jersey-based fund of funds, was acquired by Man Group, the world’s largest publicly traded hedge fund. PGAM is an investment firm that has about $1 billion under management and was founded in 1994. PGAM charges their investors fees to pick credit hedge funds. CEO of Man Group Emmanuel Roman […]

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Emmanuel Roman, Luke Ellis, Man Group, PGAM,

Macro Hedge Funds Generate Fewer Returns Than Expected

December 13, 2011 James Heinsman Hedge Fund News

Macro hedge fund managers are grappling with the global economic status, and struggling to generate returns on par with their previous successes. This past year has seen very rough waters, including the euro zone debt crisis and sweeping central bank action. Veteran hedge fund managers were mostly expected to record the highest profits in the […]

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Debt Crisis, Euro Zone, global economy, Hedge Funds, Luke Ellis,

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