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BRIEF-Man Group says acquired Merrill Lynch's fund of hedge fund portfolio
December 8, 2014 / 4:32 PM / 3 years ago

BRIEF-Man Group says acquired Merrill Lynch's fund of hedge fund portfolio

Dec 8 (Reuters) - Man Group Plc

* Has entered into a conditional agreement with Merrill Lynch Alternative Investments LLC (“Merrill Lynch”) to acquire investment management contracts

* Contracts to manage a portfolio of multi-strategy and strategy-focused fund of hedge funds with total AUM of $1.2 billion

* Acquisition is expected to complete in Q2 of 2015 Source text for Eikon: Further company coverage:

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