private LocalManager newLocalManager() {
    return new LocalManager(repo, system, this, cache, statisticsFactory, statisticsClock);
  }
This method will initialize all the internal components for Management and Monitoring

It will: <br>
a) start an JMX connectorServer <br>
b) create a notification hub <br>
c) register the ManagementFunction
geode-core/src/main/java/org/apache/geode/management/internal/SystemManagementService.java