Man GLG CEO Teun Johnston exits amid internal reorganisation

GLG name dropped

The chief executive of Man GLG, Teun Johnston, will leave the business as part of an internal reshuffle, after nearly eight years in the role.

The changes at Man Group include a merger of its discretionary trading units, with the firm retiring the GLG, Man Global Private Markets and Varagon brands as a result. Investment Week understands Jens Foehrenbach will take on the role of head of public markets, with Sophie Rossini moving across from AHL to become deputy head. Varagon's Walter Owens will become head of US direct lending and Shamez Alibhai head of community housing. Man Group completes acquisition of Varagon Partners Ed Cole and Danilo Rippa will move into the solutions division and lead the range of multi-strategy ...