Man Group to acquire Bardin Hill.

Man Group, a global alternative investment management firm, agreed to acquire Bardin Hill, a US private credit manager. Financial terms were not disclosed. “We are all excited to join Man Group as part of its fast-growing US private credit platform. Man Group’s extensive distribution network, sophisticated institutional platform and cutting-edge technology will help us strengthen our opportunistic and performing credit strategies for existing Bardin Hill investors, while offering new investors access to Bardin Hill products. As volatility and dislocation within credit markets persist, we believe a tremendous opportunity exists to leverage our combined strengths to deploy capital and deliver compelling returns for clients,” Jason Dillow, Bardin Hill CEO.