3rd portfolio manager to oversee GLG Esprit

Warren Touwen will join hedge fund manager GLG Partners in July as portfolio manager of the GLG Esprit Fund. He will co-manage the fund with Simon Savage and Peter Harnett from GLG’s London office, said Andy Merrill, a GLG spokesman. Mr. Touwen was a portfolio manager and director of the global strategic risk group in Merrill Lynch’s London office. Terez Hanhan, a Merrill Lynch spokeswoman, did not have information about Mr. Touwen’s replacement at press time.