Fahad Maziad Rajaan Al Rajaan

British and Swiss investment firms that are part of the London-based Man Group have applied to take discovery in New York to aid its defense of a civil lawsuit against them in England by Kuwait's state pension fund, the Public Institution for Social Security, which is seeking nearly $1 billion in damages.

Application by Man Group Limited, Man Strategic Holdings Limited, Man Investments Limited, all of England, and Man Investments AG, of Switzerland, collectively described as "member entities of an industry-leading global investment firm, whose ultimate parent is listed on the London Stock Exchange", to take discovery from Wafra Inc. for use in legal proceedings in England filed "by the Kuwaiti State pension fund, the Public Institution for Social Security", filed at the U.S. District Court for the Southern District of New York.