Man Group Secures $1.28 Billion Meiji Yasuda Commitment; 5% Stake Weighed
Meiji Yasuda committed 200 billion yen ($1.28 billion) to Man Group private-credit strategies and is weighing a 5% equity stake in the alternative asset manager.
Hedge fund Man Group LSE:EMG expanded its partnership with Japan's Meiji Yasuda on Monday, with the Japanese insurer committing 200 billion yen ($1.28 billion) to Man Group's private-credit focussed investment strategies and weigh buying a 5% equity stake in the alternative asset manager.Here are s…