Affiliates of Gleacher Partners operate a growing asset management business which includes a fund of hedge funds business with over $700 million of assets under management, as well as a $479 million mezzanine fund that provides financing for middle-market buyouts and recapitalizations.

Gleacher has been an active investor in mezzanine securities since 1996. The Gleacher Mezzanine Funds provide capital in the form of subordinated debt, preferred stock and non-control common equity to middle-market companies.  Investors in the Funds, include well-respected institutional investors, such as public pension funds and large financial institutions.

Gleacher Fund Advisors was formed in 2002 for the purpose of managing diversified portfolios of private investment funds and seeks to provide advantageous risk-adjusted returns through active portfolio management.