Investment firm Man Group stresses the significance of its credit division, with assets under management surging to $42.7 billion.
Man Group, a leading independent global investment manager, has announced the acquisition of Bardin Hill, a US-based private credit manager, earlier this month. The deal, which adds $3 billion in assets under management (AUM) to Man Group's portfolio, is a strategic move to expand its private credit capabilities and strengthen its presence in the US.
The acquisition of Bardinin Hill complements Man Group’s existing private credit offerings, which include direct lending, credit risk sharing, and residential real estate lending strategies. Bardin Hill specializes in opportunistic credit investments such as distressed and special situations, as well as non-sponsor backed direct lending. The firm also operates a broadly syndicated loan CLO platform.
Robyn Grew, chief executive of Man Group, stated that the Bardin Hill acquisition strengthens Man Group’s fast-growing credit platform and US presence. She also mentioned that the deal enhances Man Group’s opportunistic and performing credit capabilities. The experienced senior management and established investment processes at Bardin Hill will remain intact, and Man Group aims to leverage its global distribution to provide Bardin Hill access to new investors.
The acquisition adds 48 people in New York to Man Group’s workforce. As of 30 June 2025, private credit comprises $14.4 billion of Man Group's total credit AUM. Bardin Hill's $1 billion performing credit platform will complement Man Group’s existing CLO capabilities.
Man Group’s strategy for expanding its private credit capabilities focuses on diversifying its credit platform. The firm's AUM in credit business grew to $42.7 billion (£31.9 billion) in its latest half-year results. This growth was driven by its long-only range.
The acquisition comes amid a challenging period for trend-following strategies, but Robyn Grew expressed high conviction in their role in allocators' portfolios. Man Group’s total assets under management (AUM) as at 30 June 2025 is $193.3 billion, up from $168.6 billion at the end of 2024. The firm's AUM growth was further boosted by net inflows of $17.6 billion.
The acquisition of Bardin Hill is a significant step in Man Group’s strategic priority to grow in North America. The deal bolsters Man Group’s credit platform, which encompasses nearly $40 billion AUM, over 10 specialized teams, and 100+ credit professionals, aiming for consistent risk-adjusted returns in opportunistic and performing credit markets.
The acquisition of Bardin Hill contributes to Man Group's growth in the finance sector, adding $3 billion in assets under management (AUM) to their portfolio. The deal fortifies Man Group’s fast-growing credit platform and US presence, specifically in private credit, opportunistic credit, and performing credit capabilities.
With Bardin Hill's $1 billion performing credit platform, Man Group's private credit AUM now comprises $14.4 billion, aiming for consistent risk-adjusted returns in opportunistic and performing credit markets.
