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Man Group announces Lance Donenberg and Jordan Allen as Co-COOs

Thursday, June 16, 2011
Opalesque Industry Update - Man Group has announced the appointment of Lance Donenberg and Jordan Allen as Co-Chief Operating officers of Man’s US business. Messrs Donenberg and Allen report directly to Emmanuel Roman, Chief Operating Officer of Man Group.

“Expanding our US business is a core part of our strategy going forward,” said Mr. Roman. “We are excited to have in place a team we believe can effect this growth.”

Mr. Donenberg, who is currently Chief Operating Officer of GLG Inc., focuses primarily on sales, business development and key distribution relationships working closely with Raffaele Costa, Managing Director and Head of Sales for North America and Europe1. Mr. Allen, who most recently served as Chief Operating Officer of Ore Hill Partners, a Man subsidiary, oversees US business operations and also serves as Chief Financial Officer.

Separately, Man announces the appointment of Tim Gullickson as Managing Director in the Client Advisory Group, where he will promote the full range of Man's products and services to Midwest-based institutions and public funds nationally. Mr. Gullickson is based in Man’s Chicago office and reports to Mr. Costa. Before joining Man, Mr. Gullickson was Managing Director and Head of Business Development at Stark Investments, where he marketed hedge funds to North American institutional investors. His appointment reinforces Man’s dedication to building strategic institutional partnerships in the US market.

“The US market is a key area of growth for Man. It demands sophisticated coverage and unique product solution offerings. We are committed to building on our relationships and reputation in the US and we believe we have the right products, team and infrastructure firmly in place to deliver what US investors are seeking,” said Mr. Costa.

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