GLG Partners Appoints New Portfolio Manager Andrew Knott

NEW YORK--(BUSINESS WIRE)--GLG Partners, Inc (“GLG”) (NYSE: GLG), a leading alternative asset manager, announced today that Andrew Knott has joined its London office as a Portfolio Manager. Andrew will be responsible for establishing a new global energy product and managing its global energy investments, while also providing input into the energy-related investments across GLG’s existing strategies. He will report to GLG’s Co-Founder and Senior Investment Manager, Pierre Lagrange.

Andrew joins GLG from Merrill Lynch, where he ran the European Oil & Gas Exploration and Production (“E&P”) Equity Research team, part of the firm’s European Oil & Gas Equity Research group. This group has been ranked number one by the Thomson Reuters Extel Pan-European Survey for the last three years. From 2003 to 2005, Andrew was an oil and gas equity research analyst at Dresdner Kleinwort and prior to that he was an Executive in project finance at KPMG. Andrew received a First Class Honors degree in Economics and Accounting from the University of Edinburgh.

Pierre Lagrange commented, “Andrew is well known as one of the most influential sell-side analysts in the energy sector. He has been a key external advisor to GLG on energy-related matters over the last four years. We look forward to the contribution he will make as GLG seeks to significantly expand its energy-related investment exposure."

About GLG

GLG, one of the largest alternative asset managers in the world, offers its base of long-standing prestigious clients a diverse range of investment products and account management services. GLG’s focus is on preserving client’s capital and achieving consistent, superior absolute returns with low volatility and low correlations to both the equity and fixed income markets. Since its inception in 1995, GLG has built on the roots of its founders in the private wealth management industry to develop into one of the world’s largest and most recognized alternative investment managers, while maintaining its tradition of client-focused product development and customer service. As of June 30, 2008, GLG managed net AUM of over $23.0 billion.

This press release does not constitute and is not intended to constitute an offer or solicitation for an investment in any GLG fund, including the funds mentioned herein.