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Thursday, July 18, 2019

Man GLG Emerging Markets Income Fund Raises $120 Million Through Initial Public Offering


Date: Friday, November 18, 2011
Author: Man Investments Canada Corp.

Man Investments Canada Corp. (“Man Canada”) is pleased to announce that the Man GLG Emerging Markets Income Fund (the “Fund”) has completed its initial public offering of 10,049,921 Class A Units and 1,950,079 Class F Units, for aggregate proceeds of $120,000,000. The Class A Units commence trading Friday, November 18, 2011 on the Toronto Stock Exchange (TSX) under ticker name EMY.UN. The Class F Units will not be listed on any stock exchange.

The Fund’s investment objectives are: i) to provide holders of Units (the “Unitholders”) with monthly
tax-advantaged distributions; and ii) to preserve capital while providing the opportunity for longterm
capital appreciation for Unitholders. The Fund will not have a fixed distribution amount, but
the distributions are initially targeted to be 6% per annum on the subscription price of $10.00 per
Unit ($0.05 per Unit per month or $0.60 per Unit per annum). The Fund has been created to
provide exposure to an actively managed, liquid and diversified portfolio of securities across
various asset classes primarily within global emerging markets such as Latin America, Central and
Eastern Europe, the Middle East, Africa and Asia (the “Portfolio”). The Portfolio will be managed by
GLG Partners LP. In managing the Portfolio, GLG Partners LP will pursue its strategy through both
active trading and investment principally in interest rate securities and instruments, sovereign and
corporate credit instruments and other fixed income securities, foreign exchange instruments and
derivatives that provide exposure to these asset classes.

Toreigh Stuart, Chief Executive Officer of Man Canada, said: “We are very pleased with the success of
this offering. In today’s volatile markets, we believe this has proven that investors are seeking liquid
investments and diversifying returns through exposure to emerging market economies.”

The syndicate of Agents for this offering was led by CIBC and included RBC Capital Markets, BMO
Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., GMP Securities L.P., Canaccord Genuity
Corp., Macquarie Private Wealth Inc., Dundee Securities Ltd., HSBC Securities (Canada) Inc.,
Manulife Securities Incorporated, Raymond James Ltd., Rothenberg Capital Management Inc. and
Desjardins Securities Inc.

Inquiries
Toreigh Stuart
CEO, Man Investments Canada Corp.
(416) 775-3636
toreigh.stuart@man.com

About Man
Man is a world-leading alternative investment management business. It has expertise in a wide range of
liquid investment styles including managed futures, equity, credit and convertibles, emerging markets,
global macro and multi-manager, combined with powerful product structuring, distribution and client
service capabilities. As of September 30, 2011, Man managed US$64.5 billon.
The original business was founded in 1783. Today, Man Group plc is listed on the London Stock
Exchange and is a member of the FTSE 100 Index with a market capitalization of approximately
US$4.5 billion.

Man Group is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man
also supports many awards, charities and initiatives around the world, including sponsorship of the Man
Booker literary prizes. Further information can be found at www.mangroupplc.com.

About GLG
GLG Partners Inc. (“GLG”), a wholly owned subsidiary of Man since October 14, 2010, was established
in 1995. GLG is dedicated to achieving consistent, superior investment returns through traditional,
alternative and hybrid investment strategies. The performance GLG generates is driven by the proven
expertise of its team of investment professionals, underpinned by a rigorous approach to investment
analysis and a strong focus on risk management.