Home > News > Fund Administration > Man Group Lines Up Five Banks To Handle Listing Of Brokerage Business
Fund Administration, Prime Brokerage

Man Group Lines Up Five Banks To Handle Listing Of Brokerage Business

It has been reported by Wall Street Folly that hedge fund manager Man Group has lined up five banks, two of which are said to be Merrill Lynch and Citigroup, to handle a Wall Street listing of Man Financial, its

By None

It has been reported by Wall Street Folly that hedge fund manager Man Group has lined up five banks, two of which are said to be Merrill Lynch and Citigroup, to handle a Wall Street listing of Man Financial, its US-based brokerage business.

Man hadn’t made a decision last week on whether they would go ahead with plans for an IPO. The listing would be the biggest flotation in American history and the firm is expected to receive a valuation of USD5 billion to USD7 billion.

«