The Aalto management team will continue under the leadership of the Company's founders. In addition, Mr Barman and Mr Syrjanen will be appointed Co-Heads of Real Assets within Man GPM, taking on a broader role in the strategic development of Man GPM's offering in real assets. No change will be made to Aalto's investment process as a result of the Acquisition and investment independence will be maintained. Mr Barman and Mr Syrjanen will report to Jonathan Sorrell, President ot Man Group, and will join Man Group's Executive Committee.

The Acquisition supports Man Group's continued focus on expanding and diversifying its offering for clients as well as growing operations in the US.

Commenting on the Acquisition Luke Ellis, CEO of Man Group, said:

"We are delighted to announce the acquisition ot Aalto, which will be instrumental in the development at Man Global Private Markets, our new private markets capability. In line with our strategy to continue to diversity the firm and our offering for clients, this private markets capability is complementary to our broad offering in liquid strategies. As Co­ Heads of Real Assets, Petteri and Mikko will work with Jonathan Sorrell to help to grow this area of the business, which will ofter investors exposure to longer duration capital products and benefit from Man Group's world class infrastructure, broad investment expertise and global resources."

Petteri Barman, Co-Founder and CIO of Aalto, said:

"Joining Man Group is a compelling opportunity for us and our investors, as we believe that the firm is the ideal strategic partner for the next phase of Aalto's development. The firm has a history at successfully integrating complementary businesses, while recognising and supporting their individual expertise, investment processes, and culture. We are excited to work with Man Group to further grow and enhance our business while retaining Aalto's core purpose and independent approach to investing."

Mikko Syrjanen, Co-Founder and CEO of Aalto, said:

"We are excited to partner with Man Group, and to combine Aalto's investment expertise and capabilities with the firm's institutional framework and global resources. Since its foundation, Aalto has operated a client-focused business model over multiple market cycles. We are now at the point in our evolution where the additional infrastructure and diverse investment expertise available at Man Group, as part of Man GPM, enhances our business and enables us to create significant value for existing and future clients. We are delighted to be working with an organisation that will enable us to preserve our entrepreneurial culture."

Enquirie-s­

Andrea Waters

Head at Investor Relations

+44 20 7144 3508

Andrea.Waters@man.com

Rosanna Konarzewski

Global Head of Communications and Marketing

+44 207 144 2070

Rosanna.Konarzewski@man.com

Michael Turner Finsbury

+44 20 7251 3801

ManGroupUK@Finsbury.com

2

MAN Group plc published this content on 14 October 2016 and is solely responsible for the information contained herein.
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