GLG Partners is a wholly owned division of Man Group plc, listed on the London Stock Exchange and a constituent of the FTSE 250 index. Established in 1995 by Pierre Lagrange, GLG was originally set up as a division of Lehman Brothers and focused on equity long-only investments, only venturing into long-short capabilities in 1997. The company was restructured as a separate legal entity in 2000, and launched their first macro business and expanded into other asset classes soon after, covering emerging markets, credit, convertible bonds and fixed income. In 2009, GLG Partners acquired the UK division of Société Générale Asset Management (SGAM) long-only asset management business. Finally, in 2010 GLG became part of the Man Group plc.