Man Group and OFI Group Announce Strategic Partnership

January 31, 2013

On January 24, 2013, Man Group plc (LSE: EMG) and OFI Group announced a strategic partnership to provide alternative multi-manager capabilities in the French market.  Man Investments Holdings Limited will invest €1.6 million to acquire a 20% stake in OFI MGA, OFI Group’s alternative investment subsidiary, with the option to become a majority shareholder after three years.

On January 24, 2013, Man Group plc (LSE: EMG) and OFI Group announced a strategic partnership to provide alternative multi-manager capabilities in the French market.  Man Investments Holdings Limited will invest €1.6 million to acquire a 20% stake in OFI MGA, OFI Group’s alternative investment subsidiary, with the option to become a majority shareholder after three years.  The transaction is subject to regulatory approval.  OFI Group provides fund management services to both institutional and private clients.  The terms of the transaction were not disclosed. 


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Hedge Fund Strategic Investments, Investment Manager Strategic Investments, Transactions