Gladstone, a London-based equity hedge fund with $2 billion in assets, is set to expand. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAfter years of conservative growth and cautious maneuvering, $2 billion Gladstone could be set for a serious expansion. The British stock-picking hedge fund, founded in 2005 by former Lansdowne investor George Michelakis, believes it is on the "verge of significant AUM growth," a person close to the firm told Business Insider. This story is available exclusively to Business Insider subscribers.

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Persons: Gladstone, Marshall Wace, Daoud Zekrya, —, Lansdowne, George Michelakis Organizations: Service, Gladstone, Business Locations: London