The presently claimed invention manages memory in a multi-processor system. The presently claimed invention may use a combination of global and local locks when allocating memory and de-allocating memory in a multi-processor system. A method consistent with the presently claimed invention may first receive an allocation of a first memory space in the system memory of a multi-core processing system. The allocation of the first memory space may globally locks the first memory space where the memory space may administered by a software module using one or more local locks.