Man Group to acquire US private credit manager Bardin Hill
Man Group has agreed to acquire Bardin Hill, a US private credit manager with approximately $3 billion in assets under management. The deal strengthens Man Group's credit platform.
London – Man Group, the global alternative investment management firm, announced on July 16, 2025, that it has entered into an agreement to acquire Bardin Hill. Bardin Hill, based in New York, is a US-focused opportunistic and performing credit manager with approximately $3 billion in assets under management (AUM).
Bardin Hill's expertise lies in US distressed and special situations investments, as well as non-sponsor backed direct lending. Its performing credit platform focuses on broadly syndicated loan CLOs. The firm's experienced management team has an average of 22 years in the industry and significant expertise in managing credit strategies.
Bardin Hill's CEO Jason Dillow and his team will continue to lead the business. Man Group stated that Bardin Hill's investment capabilities will complement its existing private credit offering, which includes direct lending, credit risk sharing, and residential mortgage lending strategies. The acquisition also expands Man Group's footprint in North America.
The deal will enhance Man Group's overall credit platform, which currently comprises nearly $40 billion in AUM, over 10 specialist investment teams, and more than 100 credit professionals, by adding new strategies. The financial terms of the transaction were not disclosed.