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March 3, 2024
PI Global Investments
Hedge Funds

Sumant Wahi Joins Man Group After Short Stint at Gladstone

  • Sumant Wahi started at Man Group’s GLG unit Monday.
  • The former Gladstone partner is going to run a stock-picking strategy focused on tech companies.
  • Wahi previously ran a tech-focused strategy for Fidelity International. 

London-based Man Group has added to its roster of investment talent to start the new year.

The $161 billion investment manager — one of the few publicly traded hedge fund managers — has hired former Gladstone partner Sumant Wahi to run a tech-focused stock-picking strategy.

Wahi, who previously ran a similar strategy for Fidelity International, will be a part of the firm’s GLG unit. The firm declined to provide details on the assets and headcount that will be under Wahi, who started on Monday in London.

Wahi was a significant hire for $2 billion Gladstone, the George Michelakis-run manager based in London, when he was brought on in 2021. Gladstone has continued to build out its team, including its first-ever president, former Marshall Wace partner Daoud Zekrya, who will focus on both recruiting new talent and training up existing investors.

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