Pine Grove Asset Management LLC

Asset Manager

Founded in Hidden

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Man's acquisition

The acquisition of the portfolio follows Man Group's recent acquisition of Pine Grove Asset Management LLC. The assets, which will be acquired, are spread across 17 multi manager hedge fund and managed futures fund of funds. One fund is registered as an ...

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Stock Market Wire
December 8, 2014
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Man Group pretax profit falls; assets rise

LONDON-- Man Group PLC reported a 7% rise in assets under management in the first half of the year, after a mixed investment performance amid a volatile market environment. The U.K.-based hedge fund manager said Friday that assets under management for the ...

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Market Watch
August 1, 2014
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Hedge Fund News: Joel Greenblatt, Jeffrey Vinik & Pershing Square

Man Group Expands US Hedge Fund Business With Acquisition Of Pine Grove (HedgeCo) Man Group plc has acquired US-based fund of hedge fund manager Pine Grove Asset Management LLC., which has approximately $1.0 billion in assets under management. The ...

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INSIDER MONKEY
August 25, 2014
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Man Group acquires Merrill Lynch Alternative Investments' FoHF portfolio

The Acquisition of the Portfolio follows Man Group’s recent Acquisition of Pine Grove Asset Management LLC. The strategic rationale for the Acquisition includes: • Broadened portfolio of US registered investment companies and complementary fund of ...

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Hedge Week
December 9, 2014
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Man Group to Acquire Pine Grove Asset Management

LONDON and NEW YORK, June 9,2014 /PRNewswire/ --Man Group plc ("Man Group") has agreed to acquire Pine Grove Asset Management LLC ("Pine Grove"), a US-based fund of hedge fund manager specializing in the management of credit-focused hedge fund portfolios ...

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Finanznachrichten
June 9, 2014
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Man Group Further Boosts US Presence With Silvermine Acquisition

LONDON (Alliance News) - Listed fun manager Man Group PLC Wednesday said it will buy Connecticut-based leveraged loan manager Silvermine Capital Management LLC for up to USD70 million, a deal that will boost its US credit business and give it a bigger part ...

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Morningstar
December 17, 2014
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Man Group In Pine Grove Acquisition To Beef Up FRM Business

LONDON (Alliance News) - Man Group PLC Monday said it is to acquire Pine Grove Asset Management LLC, a fund of funds manager with about USD1.0 billion in assets under management, as it seeks to add to its FRM business and grow in the US. Pine Grove Asset ...

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London South East
June 9, 2014
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Man Group Plc’ share price up, to acquire the US investment firm Pine Grove Asset Management LLC

The biggest publicly traded hedge-fund company in the world – Man Group Plc made a statement today, announcing that it agreed to purchase the investment firm Pine Grove Asset Management LLC. The goal of the acquisition is to add more customers and assets ...

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binarytribune.com
June 9, 2014
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Man Group to Buy New Jersey Fund-of-Funds Pine Grove

agreed to buy a New Jersey investment firm that manages about $1 billion as it tries to add clients and assets in the U.S. The purchase of Pine Grove Asset Management LLC, which charges its investors fees to pick credit hedge funds, is scheduled to close ...

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Bloomberg
June 9, 2014
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Man Group Acquires Silvermine Capital Management For $45 Million

New York (HedgeCo.Net) – Hedge fund giant Man Group plc announced plans to integrate $3.8 billion Connecticut-based leveraged loan manager, Silvermine Capital Management LLC, into Man GLG during the first quarter of 2015. Man will pay $23.5 million in ...

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Hedgeco.net
December 18, 2014
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Hedge Fund News: Paul Singer, David Einhorn & Stephen Mandel

Fleckenstein declines to say how much his investors lost. Pine Grove Launches Registered Vehicle To Provide Institutional Quality Offering For Investors (SacBee) Pine Grove Asset Management LLC (PGAM) today announced the launch of the Pine Grove ...

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INSIDER MONKEY
January 22, 2014
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Man Group to Acquire Pine Grove Asset Management

LONDON and NEW YORK, June 9, 2014 /PRNewswire/ -- Man Group plc ("Man Group") has agreed to acquire Pine Grove Asset Management LLC ("Pine Grove"), a US-based fund of hedge fund manager specializing in the management of credit-focused hedge fund ...

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Yahoo Finance
June 9, 2014
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Man Group PLC Completes Acquisition of Pine Grove

Man Group PLC (OTCMKTS:MNGPY) (LON:EMG) announced the completion of the acquisition of U.S. based hedge fund, Pine Grove Asset Management LLC today. According to the U.K. based investment management firm, the acquisition would boost its presence in the ...

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Value Walk
August 4, 2014
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U.K. Hedge Fund Man Group Buys U.S. Fund of Funds Pine Grove

U.K.-based hedge fund manager Man Group PLC has agreed to buy U.S. fund of funds company Pine Grove Asset Management LLC, boosting its exposure to the lucrative North American market. Pine Grove, which has offices in New Jersey and New York, specializes in ...

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Wall Street Journal
June 9, 2014
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Pine Grove launches Alternative Institutional Fund

Bailey McCann, Opalesque New York: Pine Grove Asset Management LLC (PGAM) has launched the Pine Grove Alternative Institutional Fund, the fund is its first closed-end '40 act fund. The new offering will provide accredited investors with streamlined access ...

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Opalesque Hedge Fund News
January 23, 2014
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Man Group to Acquire Pine Grove Asset Management

LONDON and NEW YORK, June 9, 2014 /PRNewswire/ -- Man Group plc ("Man Group") has agreed to acquire Pine Grove Asset Management LLC ("Pine Grove"), a US-based fund of hedge fund manager specializing in the management of credit-focused hedge fund ...

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Market Watch
June 9, 2014
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Pine Grove Launches Registered Vehicle To Provide Institutional Quality Offering For Investors

NEW YORK, Jan. 22, 2014 /PRNewswire/ -- Pine Grove Asset Management LLC (PGAM) today announced the launch of the Pine Grove Alternative Institutional Fund (Alt Instl Fund), its first registered closed-end fund under the Investment Company Act of 1940.

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The Street
January 22, 2014
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Man Group to Acquire Pine Grove Asset Management

Founded in 1994, Pine Grove Asset Management LLC, is an SEC Registered Investment Adviser, focusing on providing sophisticated investors with access to alternative investment strategies through diversified fund of hedge fund portfolios. An independent ...

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The Wall Street Transcript
June 9, 2014
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Man Group to acquire Merril Lynch fund of hedge fund portfolio

The Acquisition of the Portfolio follows Man Group's recent Acquisition of Pine Grove Asset Management LLC. The strategic rationale for the Acquisition includes: The assets, which will be acquired, are spread across 17 multi manager hedge fund and managed ...

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Automated Trader
December 9, 2014
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Man Group Drives Diversification With NewSmith Buy

Man Group also scooped up fund of funds Pine Grove Asset Management LLC, which had about $1 billion in assets under management. NewSmith Chairman Paul Roy said that being part of a growing Man Group is an “exciting development that benefits all parties ...

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Law 360
February 20, 2015
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Man Group Shares Fall On Report Of Slow Inflows

Man Group said in June it would buy Boston-based Numeric Holdings LLC for as much as $494 million, and Pine Grove Asset Management LLC, a New Jersey-based investment firm that manages about $1 billion. The acquisitions of Numeric, which has $14.7 billion ...

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FIN Alternatives
August 1, 2014
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Man Group Expands US Hedge Fund Business With Acquisition Of Pine Grove

New York (HedgeCo.Net) – Man Group plc has acquired US-based fund of hedge fund manager Pine Grove Asset Management LLC., which has approximately $1.0 billion in assets under management. The transaction enhances Man Group’s presence in the US and adds ...

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Hedgeco.net
August 25, 2014
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Man Group Assets Increase 7% as AHL Diversified Rises

1 (Bloomberg) -- Man Group Plc ... said in June it would buy Boston-based Numeric Holdings LLC for as much as $494 million, and Pine Grove Asset Management LLC, a New Jersey-based investment firm that manages about $1 billion. The acquisitions of Numeric ...

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Bloomberg
August 1, 2014
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Man Group to acquire Silvermine Capital Management

Silvermine is wholly-owned by the firm’s founders ... The Acquisition follows Man Group’s recent acquisitions in the US of Pine Grove Asset Management LLC, Numeric Holdings LLC and the Merrill Lynch Alternative Investments LLC fund of hedge fund ...

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Hedge Week
December 17, 2014
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Bank of America Sells Fund-of-funds Business to Man Group

Bank of America Corp.'s (BAC) Merrill Lynch Alternative Investments ... For Man Group, the deal follows its July 9 deal for Summit, N.J.-based investment firm Pine Grove Asset Management LLC, The newly acquired funds, as well as Pine Grove, will be managed ...

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The Street
December 9, 2014
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