GLG Said to Pick Mason to Manage European Equity Hedge Fund

Bloomberg – GLG Partners picked Neil Mason, a former executive at Harvard University’s endowment and BlueCrest Capital Management LLP, to help run a European equities hedge fund, a person briefed on the matter said.

Mason will manage the $3 billion long-short fund with Pierre Lagrange and Simon Savage after Darren Hodges resigned, said the person, who asked not to be identified because the move hasn’t been made public. Hodges, who has been at the firm in London since 2005, is still serving his notice period, the person said. A spokeswoman for GLG and Hodges declined to comment.

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